SAM ROREX, Special Judge.
Appellee is holder of Permit No. B-32, authorizing it to engage in the business of selling alcoholic beverages at wholesale in Arkansas. Such permits are issued on an annual basis expiring automatically on June 30. Permit No. B-32 was issued on April 1, 1949, and was renewed annually, the last renewal being July 1, 1951.
On December 3, 1951, appellant, Director of Alcoholic Beverage Control, notified appellee that its permit would...
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