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FIRST FED. SAV. & L. ASS'N v. UNION FIDELITY S. & L. ASS'N

No. 74-109.

515 S.W.2d 75 (1974)

FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF EL DORADO, Arkansas, Appellant, v. UNION FIDELITY SAVINGS & LOAN ASSOCIATION and Arkansas Savings & Loan Association Board, Appellees.

Supreme Court of Arkansas.

November 4, 1974.

Attorney(s) appearing for the Case

J. S. Brooks, Edwin B. Alderson, Jr., El Dorado, and Wright, Lindsey & Jennings, Little Rock, for appellant.

Brown, Compton & Prewett, by William I. Prewett, El Dorado, Smith, Williams, Friday, Eldredge & Clark, by William L. Terry and Hermann Ivester, Little Rock, for appellees.

HOLT, Justice.

The appellee, Arkansas Savings and Loan Association Board (hereinafter referred to as Board), issued to appellee, Union Fidelity Savings and Loan Association (hereinafter referred to as appellee), a charter to do business in El Dorado. The application was opposed by the appellant. The Board's decision was affirmed by the circuit court and from that judgment comes this appeal. For reversal the appellant asserts that the court erred in finding there was...

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