Case Name: Cole v. New England Securities Company
Court: Arkansas Supreme Court
Jurisdiction: Arkansas
Decision Date: 1927-04-18
Citations: 173 Ark. 666
Docket Number: 
Parties: Cole v. New England Securities Company.
Judges: 
Reporter: Arkansas Reports
Volume: 173
Pages: 666–668

Head Matter:
Cole v. New England Securities Company.
Opinion delivered April 18, 1927.
E. D. Chastain, for appellant.
O. D, Thompson, for appellee.

Opinion:
Hart, C. J.~
(after stating the facts). The court erred in directing a verdict in favor of the plaintiff. The law is that a purchaser at a foreclosure sale under a mortgage is entitled to possession and to the rents and jprofits after notice to quit and a demand for rents and profits has been made. North American Trust Co. v. Burrow, 68 Ark. 584, 60 S. W. 950, and Oliver v. Deffenbaugh, 166 Ark. 118, 265 S. W. 970. According to the evidence for the defendants, no demand for' the rents and profits ivas made upon them, and, under the. authorities cited, their testimony tends to show that they were entitled to the rents iand profits for the year 1924.
It is- true that, according to the evidence for the plaintiff, a demand for the rents and profits for the year 1924 was made, and the court should have submitted this disputed question of fact to the jury, under pro'per instructions. It could not direct a verdict in favor of the plaintiff, because there was a dispute upon the question of whether the plaintiff gave the defendants notice to quit and made a demand for rents and profits for the year 1924.
It follows that the judgment must be reversed, and the cause will be remanded for a new trial.