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WHITE COUNTY GUAR. S. & L. A. v. SEARCY FED. S. & L. A.

No. 5-4086.

410 S.W.2d 760 (1967)

WHITE COUNTY GUARANTY SAVINGS AND LOAN ASSOCIATION, Appellant, v. SEARCY FEDERAL SAVINGS & LOAN ASSOCIATION et al., Appellees.

Supreme Court of Arkansas.

January 30, 1967.

Attorney(s) appearing for the Case

Spitzberg, Bonner, Mitchell & Hays, by Allan W. Horne, Little Rock, for appellant.

Charles E. Yingling Jr., Searcy, George P. Eldridge, Augusta, Kaneaster Hodges, Newport, Murphy & Arnold, Batesville, and Smith, Williams, Friday & Bowen, by Ben Allen, Little Rock, for appellees.

JONES, Justice.

This case involves the formation of a permanent stock savings and loan association under Act No. 227 of the Acts of Arkansas for 1963.

The State Savings and Loan Association Board and its Supervisor, approved the application of appellants for a charter. Upon appeal, the Circuit Court reversed the Board, and the precise question before us on appeal is whether or not there was any substantial evidence to support the order of the Board.

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