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PRODUCERS COOPERATIVE, INC. v. DRIVER

No. 5-3834.

401 S.W.2d 730 (1966)

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

Supreme Court of Arkansas.

April 25, 1966.

Attorney(s) appearing for the Case

Swift & Alexander, Osceola, for appellants.

Oscar Fendler, Blytheville, for appellees.

HOLT, Justice.

This action is a sequel to the case of Driver v. Producers Cooperative, Inc., 233 Ark. 334, 345 S.W.2d 16. In that case an action was brought by a group of preferred stockholders, the present appellees, to compel the Cooperative and its directors, the present appellants, to comply with its charter and by-laws by the payment of dividends upon its preferred stock and by establishing

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