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East LR Acquisition.



An east Little Rock commercial property is under new ownership after a $420,000 deal.

JAP Jap  
n. Offensive Slang
Used as a disparaging term for a person of Japanese birth or descent.

Noun 1. Jap - (offensive slang) offensive term for a person of Japanese descent
Nip
 Corp., led by Margaret McEntire, purchased the Sunbelt Convention & Exhibits Services project at 510 McLean St. from Patricia Hemingway.

The deal is backed with a one-year loan of $357,000 from Arvest Bank Arvest Bank is a bank and brokerage with branches in Arkansas, Kansas, Oklahoma, and Missouri. Beginning with Benton County's first automatic teller machine (ATM) in 1976 and the launch of an Internet banking web site in 1998, Arvest Bank has been modernizing its services.  of Little Rock. The 1.75-acre development previously was tied to a June 1999 mortgage of $100,000, a July 1999 mortgage of $300,000 and a February 2001 mortgage of $25,000, all held by Regions Bank.

Hemingway and Robert and Lola Piggot acquired the property for $220,000 in November 1990 from the Raymond Cook estate and his Cook Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 & Investment Co.

Hemingway bought out the Piggots' interest in June 1999 for $60,000. Cook assembled as·sem·ble  
v. as·sem·bled, as·sem·bling, as·sem·bles

v.tr.
1. To bring or call together into a group or whole: assembled the jury.

2.
 the property in six buys totaling more than $67,000.

The sellers were Speas Co., $30,000 in June 1955; Frances Phillips, $12,000 in November 1980; Missouri Improvement Co., $11,000 in April 1959; Rosie Napier $8,000 in November 1980; Missouri Pacific Railroad The Missouri Pacific Railroad (MoPac; AAR reporting mark MP) was one of the first railroads in the United States west of the Mississippi River. The company merged with Union Pacific in 1982. History
On July 4, 1851, at St.
 Co., $6,500 in April 1959; and C.M. and Ellen McMillin an undisclosed sum in December 1949.
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Title Annotation:property in east Little Rock, Arkansas, changes hands
Comment:East LR Acquisition.(property in east Little Rock, Arkansas, changes hands)
Author:WALDON, GEORGE
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 22, 2001
Words:190
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