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IZARD v. ARKANSAS SAV. & LOAN ASSOCIATION BD.

No. 5-3583.

393 S.W.2d 245 (1965)

Clyman E. IZARD et al., Appellants, v. ARKANSAS SAVINGS & LOAN ASSOCIATION BOARD, Appellee.

Supreme Court of Arkansas.

Rehearing Denied September 20, 1965.

Attorney(s) appearing for the Case

Thomas Harper, Fort Smith, for appellants.

William H. Bowen, Little Rock, for appellee.

HOLT, Justice.

Appellants bring this appeal from a judgment of the Circuit Court of Pulaski County affirming a decision of the Arkansas Savings and Loan Association Board denying appellants' application for a charter to do business as a savings and loan association in Van Buren, Crawford County, Arkansas.

Ark.Stat.Ann. § 67-1824 (Supp. 1963) [Act 227 of 1963] requires that before approving a charter application the Board must affirmatively find: (1) that...

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