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ARKADELPHIA, ETC. v. MID-SOUTH SAV., ETC.

No. 78-126.

581 S.W.2d 345 (1979)

ARKADELPHIA FEDERAL SAVINGS & LOAN ASSOCIATION and Arkansas Savings & Loan Association Board, Appellants, v. MID-SOUTH SAVINGS & LOAN ASSOCIATION, Appellee.

Supreme Court of Arkansas, In Banc.

May 29, 1979.

Attorney(s) appearing for the Case

Lookadoo, Gooch & Ashby by James T. Gooch, Arkadelphia, Friday, Eldredge & Clark by Hermann Ivester, Little Rock, for Arkadelphia Federal Sav. & Loan Ass'n.

Roger W. Giles, Little Rock, for Arkansas Sav. & Loan Ass'n Bd.

Crouch, Blair, Cypert & Walters by James B. Blair and William M. Clark, Jr., Springdale, for appellee.

HERMAN L. HAMILTON, Jr., Special Justice.

Appellants, Arkadelphia Federal Savings & Loan Association and Arkansas Savings & Loan Association Board, appeal from the Clark Circuit Court order directing issuance of a charter to Mid-South Savings & Loan Association for a new savings and loan in Arkadelphia, Arkansas. The Circuit Court reversed the Arkansas Savings & Loan Association Board decision denying the application. In its decision the Board stated...

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