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GENERAL SECURITIES CORPORATION v. WATSON

No. 5-5754.

477 S.W.2d 461 (1972)

GENERAL SECURITIES CORPORATION, Appellant, v. Lavon V. WATSON et al., Appellees.

Supreme Court of Arkansas.

Rehearing Denied April 10, 1972.

Attorney(s) appearing for the Case

Pope, Pratt, Shamburger, Buffalo & Ross, Little Rock, for appellant.

Jones & Segers, Fayetteville, for appellees.

HARRIS, Chief Justice.

This litigation results from the inability of Lavon V. Watson and Dr. Phil Deal, appellees herein,1 of Washington County, to agree with appellant, General Security Corporation, on the "fair value" of stock owned by appellees in Arkansas Factors, Inc. and First Financial Corporation, these two companies being merged with appellant, the surviving corporation. The plan of merger provided for 8 shares of Arkansas Factors...

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