Supreme Court of Arkansas January 3, 1910 (Okolona Mercantile Co. v. Greeson)

Wood, J.

(after stating the facts) : There was no right of forfeiture for failure to pay the purchase money when due. The deed provides:

“It is further understood and agreed that a lien is reserved on the timber herein sold to secure the payment of the notes above set forth, and if the said notes are not paid when due the parties of the first part shall have the power and authority to take