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BAIN v. DEAL

No. 5-5709.

475 S.W.2d 708 (1972)

Jack BAIN d/b/a Bain & Co., Appellant, v. Thelma DEAL et al., Appellees.

Supreme Court of Arkansas.

February 7, 1972.

Attorney(s) appearing for the Case

Guy Jones, Phil Stratton and Guy Jones, Jr., Conway, for appellant.

Spitzberg, Mitchell & Hays, Little Rock, for appellees.

HARRIS, Chief Justice.

Appellees, Thelma Deal, and her grandsons, Larry D. Crissler and Kim D. Crissler, instituted suit against appellant, Jack Bain d/b/a Bain & Co., to recover the purchase price paid for stock in a domestic insurance company which subsequently failed. The complaint alleged that appellees purchased 50 shares of Class C stock in Mercury Life and Accident Insurance Company of North Little Rock from one of appellant's agents, Louis C. Donoho, for...

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