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CLARK CENTER, INC. v. NATIONAL LIFE & ACCIDENT INS. CO.

No. 5-4722.

433 S.W.2d 151 (1968)

CLARK CENTER, INC., Appellant, v. NATIONAL LIFE AND ACCIDENT INSURANCE COMPANY, Appellee.

Supreme Court of Arkansas.

Rehearing Denied November 25, 1968.

Attorney(s) appearing for the Case

Dickey, Dickey & Drake, Pine Bluff, for appellant.

Bridges, Young, Matthews & Davis, Pine Bluff, for appellee.

WARD, Justice.

This is an appeal from a judgment denying the statutory penalty and attorney's fee to the beneficiaries in an insurance policy. Set out below is a summary of the pertinent facts which are not in dispute.

Facts. Clark Center, Inc. (appellant) is a corporation whose stockholders, prior to March 19, 1967, were Millard M. Clark and his wife and their children. On the date above mentioned Millard...

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