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FIRST FED. S. & L. ASSOC. v. ARKANSAS S. & L. ASSOC. BD.

No. 74-331.

521 S.W.2d 542 (1975)

FIRST FEDERAL SAVINGS & LOAN ASSOC. OF MALVERN, Arkansas, Appellant, v. ARKANSAS SAVINGS & LOAN ASSOC. BOARD et al., Appellees.

Supreme Court of Arkansas.

April 14, 1975.

Attorney(s) appearing for the Case

Hall, Tucker & Lovell, Benton, for appellant.

Harold E. Anderson, Jr., Little Rock, for Ark. Sav. and Loan Ass'n. Bd.

Stubblefield & Matthews, Little Rock, for First Security Sav. & Loan Ass'n of Hot Spring County, for appellees.

BROWN, Justice.

On October 24, 1973, an application was filed with the Arkansas Savings & Loan Association Board for a state chartered association to be located in Malvern, Hot Spring County, and to be known as First Security Savings & Loan Association of Hot Spring County. Protests to the application were filed by Malvern National Bank, Bank of Malvern, and First Federal Savings & Loan Association of Malvern. After a pre-hearing conference and a public...

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