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PLANTERS PRODUCTION CREDIT ASSOCIATION v. BOWLES

No. 73-300.

511 S.W.2d 645 (1974)

PLANTERS PRODUCTION CREDIT ASSOCIATION, Appellant, v. Charles W. BOWLES et al., Appellees.

Supreme Court of Arkansas.

July 22, 1974.

Attorney(s) appearing for the Case

Swift, Alexander & Burnett, Osceola, Reid, Burge & Prevallet, Blytheville, amicus curiae brief filed by Joe C. Barrett, Jonesboro, for appellant.

Oscar Fendler, Blytheville, for appellees, Lee Wilson and Co., a corporation and Hohenberg Bros. Co., a corporation.

C. E. Lynch, Jr., Osceola, for Gordon Wiseman.

Butler & Hicky, Forrest City, for Bluff City Cotton Co. Inc. & Louis B. Strong d/b/a Bluff City Cotton Co., a sole ownership.

JONES, Justice.

This is an appeal by Planters Production Credit Association, hereafter referred to as "PCA," from a chancery court decree denying judgment against the purchasers of cotton from Charles W. Bowles in a suit brought by PCA against Bowles and the purchasers of cotton raised by him and upon which PCA had perfected a security interest lien.

PCA was an association composed of approximately 365 members who borrowed money from the association to finance...

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