SWINK & CO., INC. v. CARROLL McENTEE, ETC.

No. 78-87.

584 S.W.2d 393 (1979)

SWINK & COMPANY, INC., Appellant, v. CARROLL McENTEE & McGINLEY, INC., Appellee.

Supreme Court of Arkansas, Division 2.

July 9, 1979.


Attorney(s) appearing for the Case

Davidson, Plastiras, Home, Hollingsworth & Arnold, Ltd., Little Rock, for appellant.

Wright, Lindsey & Jennings, Little Rock, for appellee.


FOGLEMAN, Justice.

This litigation arose from dealings in securities in the form of interest-bearing obligations issued by federal agencies in the form of bonds or notes guaranteed by the United States. Carroll McEntee & McGinley, Inc., to which we will refer as McEntee, a corporation with its principal office in New York, is engaged in the purchase and sale of those securities. Swink & Company, Inc., an Arkansas corporation, to which we will refer as Swink...

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