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WHITE CTY. GUARANTY v. FARMERS & MERCHANTS BANK

No. 77-203.

562 S.W.2d 582 (1978)

WHITE COUNTY GUARANTY SAVINGS AND LOAN ASSOCIATION and Arkansas Savings and Loan Association Board, Appellants, v. FARMERS AND MERCHANTS BANK OF DES ARC, Arkansas, Appellee.

Supreme Court of Arkansas, In Banc.

Rehearing Denied April 3, 1978.

Attorney(s) appearing for the Case

Matthews, Mays & Glaze by Charles D. Matthews, Little Rock, Robert Edwards, Searcy, Roger W. Giles, Little Rock, for appellants.

Owens, McHaney & McHaney by James M. McHaney and John C. Calhoun, Jr., Little Rock, for appellee.

HOWARD, Justice.

The question for review is whether the decision of the Arkansas Savings & Loan Association Board, hereinafter referred to as the Board, in approving the application of the White County Guaranty Savings and Loan Association, appellant herein, and hereinafter referred to as the Guaranty, for a branch office at Des Arc, Prairie County, is supported by substantial evidence on the record considered as a whole. Stated differently, we must determine...

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