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DRIVER v. PRODUCERS COOPERATIVE, INC.

No. 5-2215.

345 S.W.2d 16 (1961)

W. J. DRIVER et al., Appellants, v. PRODUCERS COOPERATIVE, INC., et al., Appellees.

Supreme Court of Arkansas.

As Amended on Denial of Rehearing May 1, 1961.

Attorney(s) appearing for the Case

Oscar Fendler, Blytheville, for appellants.

Henry J. Swift, Osceola, for appellees.

GEORGE ROSE SMITH, Justice.

Producers Cooperative, Inc., is a farmers' association engaged principally in the operation of a cotton gin at Osceola. The three appellants were formerly members of the association and are now inactive preferred stockholders having a total investment of $29,444.08 in the association. They brought this suit against the association and its directors to compel the association to comply with its...

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