TAYLOR v. TERRY

No. 83-44.

649 S.W.2d 392 (1983)

279 Ark. 97

Lee TAYLOR, Appellant, v. Gayle A. TERRY and Jane Terry et al., Appellees.

Supreme Court of Arkansas.

Rehearing Denied May 23, 1983.


Attorney(s) appearing for the Case

Bullock, Hardin & McCormick, Russellville, for appellant.

Irwin & Kennedy by Robert E. Irwin, Russellville, for appellees.


DUDLEY, Justice.

This appeal is from a derivative action by shareholders who asserted a corporate right of action against the president of the corporation. A jury returned a verdict of $35,000 in favor of the corporation. The only point raised on appeal is the sufficiency of the evidence. We affirm. The case was certified to this Court by the Court of Appeals.

In Arkansas, derivative actions by shareholders are provided for by rule, statute, and case law....

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