McMURTRAY v. McMURTRAY

No. 81-215.

629 S.W.2d 285 (1982)

Thomas J. McMURTRAY, Appellant, v. Patricia McMURTRAY, Appellee.

Supreme Court of Arkansas.

March 15, 1982.


Attorney(s) appearing for the Case

Howell & Price, P.A., Little Rock, for appellant.

Owens, McHaney & Calhoun by John C. Calhoun, Little Rock, for appellee.


HOLT, Justice.

This appeal questions the chancellor's division of property in a divorce action. Appellant argues that the chancellor erred in holding that a nonfunded account, which appellant owned in a corporation, had vested and was marital property subject to equal division. Ark. Stat.Ann. § 34-1214 (Supp.1981) (Act 705 of 1979).

Appellant was employed in 1973 by a corporation which was partly owned by appellee's father. In 1977, during the parties...

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