RESERVE VAULT CORPORATION v. JONES

No. 5-2625.

356 S.W.2d 225 (1962)

RESERVE VAULT CORPORATION et al., Appellants, v. Clint JONES et al., Appellees.

Supreme Court of Arkansas.

April 16, 1962.


Attorney(s) appearing for the Case

Wayne Foster, Little Rock, for appellants.

J. Frank Holt, Atty. Gen., by Jack L. Lessenberry, Asst. Atty. Gen., Little Rock, for appellees.


HARRIS, Chief Justice.

This litigation involves the validity of Act 78 of 1961, entitled, "An Act Relating to Prepaid Funeral Expenses; Requiring Registration of Organizations Dealing Therein and Requiring the Establishment of Trusts for the Benefit and Protection of Purchasers of Such Contracts." The provision particularly under attack is Section 5, which reads as follows:

"SECTION 5. After the effective date...

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