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FITZGERALD v. INVESTORS PREFERRED LIFE INS. CO.

No. 75-132.

530 S.W.2d 195 (1975)

Raymond FITZGERALD, Jr., et al., Appellants, v. INVESTORS PREFERRED LIFE INSURANCE COMPANY, Appellee.

Supreme Court of Arkansas.

Rehearing Denied January 19, 1976.

Attorney(s) appearing for the Case

Pearce, Robinson, McCord & Rotenberry, Fort Smith, for appellants.

Davidson, Plastiras & Horne, Ltd. by Cyril Hollingsworth, Little Rock, for appellee.

BYRD, Justice.

This is a proceeding pursuant to Ark.Stat. Ann. § 66-4249 (Repl.1966), by appellants Raymond Fitzgerald, Jr., et al., dissenting stockholders, to recover from the surviving corporation, appellee, Investors Preferred Life Insurance Company, the value of the preferred stock held by the appellants in Universal American Life Insurance Company before a merger of the two corporations. Based upon the report of a single appraiser, agreed upon by the parties...

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