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McDONALD'S CORP. v. DeVENNEY

80-494, 80-495.

415 So.2d 1075 (1982)

McDONALD'S CORPORATION and The Industrial Development Board of Elmore County v. Jack DeVENNEY, et al. ARONOV REALTY COMPANY and K-Mart v. Jack DeVENNEY, et al.

Supreme Court of Alabama.

June 11, 1982.

Attorney(s) appearing for the Case

Edward S. Allen and J. Foster Clark of Balch, Bingham, Baker, Hawthorne, Williams & Ward, Birmingham, for McDonald's Corp.

William B. Dunn of Howard, Dunn & Howard, Wetumpka and William M. Slaughter and Mark E. Ezell of North, Haskell, Slaughter, Young & Lewis, Birmingham, for Aronov Realty Co. and K-Mart Corp.

J. Michael Rediker and W. Clark Goodwin of Ritchie & Rediker, Birmingham and Joe A. Macon, Jr. of Stowe & Macon, Wetumpka, Joseph H. Johnson, Jr. and David W. Spurlock of Johnson & Thorington, Birmingham, for appellees.

TORBERT, Chief Justice.

Appellees, a group of individuals who either are the owners of or have an ownership interest in existing retail businesses in Elmore County, filed a declaratory judgment action against appellants, McDonald's Corporation, Aronov Realty Company, Mart Corporation, and the Industrial Development Board of Elmore County, regarding the validity of two proposed bond issues established pursuant to Code 1975...

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