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MILES v. BANK OF HEFLIN

SC 1315.

328 So.2d 281 (1975)

M. M. MILES v. BANK OF HEFLIN.

Supreme Court of Alabama.

Rehearing Denied March 5, 1976.

Attorney(s) appearing for the Case

Rives, Peterson, Pettus, Conway & Burge, Birmingham, and James D. Pruett, Gadsden, Rutledge & Pruett, Birmingham, for appellant.

Steiner, Crum & Baker, Montgomery, and John S. Casey, Heflin, for appellee.

JONES, Justice.

This is an appeal from a summary judgment denying M. M. Miles and other stockholders of the Bank of Heflin the 10% penalty provided under Tit. 10, § 21(46) for the refusal of the Bank of Heflin to allow them to inspect its corporate records. We reverse and remand.

The stockholders requested permission for their accountants to examine the books and records of the Bank of Heflin pursuant to Tit. 10, § 21(46). The Bank told them that...

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