BORDEN, INC. v. WOMMACK

No. 5-6189.

490 S.W.2d 781 (1973)

BORDEN, INC, Appellant, v. R. L. WOMMACK, Executor of the Estate of Martin Ronning, Deceased, Appellee.

Supreme Court of Arkansas.

February 26, 1973.


Attorney(s) appearing for the Case

Putman, Davis & Bassett, Fayetteville, for appellant.

Wommack & Lineberger, Fayetteville, for appellee.


HARRIS, Chief Justice.

Appellee, R. L. Wommack, executor of the estate of Martin Ronning, instituted suit against appellant, Borden, Inc., on March 18, 1971, seeking damages resulting from an alleged unreasonable delay on the part of Borden in registering a transfer, and delivering back to the executor, certain shares of its corporate stock. The damages sought were based upon a decline in market value of such stock between the date that the stock (according to appellee...

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