FIRST NAT. BANK OF WYNNE v. LEONARD

No. 86-109.

711 S.W.2d 798 (1986)

289 Ark. 357

FIRST NATIONAL BANK OF WYNNE, Appellant, v. Edna LEONARD, Appellee, v. Joann HESS, Cross-Appellee.

Supreme Court of Arkansas.

June 30, 1986.


Attorney(s) appearing for the Case

Shaver, Shaver & Smith, by Tom B. Smith, Joseph O. Boeckmann, Wynne, for cross-appellee.

B. Michael Easley, Forrest City, for appellee.


DUDLEY, Justice.

Edna Leonard, the plaintiff below and the appellee in this Court, purchased a clothing store in Wynne from Joann Hess, the defendant and counter-claimant below and cross-appellee here. At the time of purchase, counter-claimant Hess owed money to the First National Bank of Wynne, the defendant below and the appellant here. As consideration for the purchase, plaintiff agreed to make a $5,000.00 down-payment to counter-claimant Hess and assume the approximate...

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