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BILLABONG PRODUCTS, INC. v. ORANGE CITY BANK

No. 82-183.

644 S.W.2d 594 (1983)

278 Ark. 206

BILLABONG PRODUCTS, INC., Appellant, v. ORANGE CITY BANK, Appellee.

Supreme Court of Arkansas.

January 24, 1983.

Attorney(s) appearing for the Case

Kendall & Schrantz by Stephen Lee Wood, Rogers, for appellant.

Estes, Estes & Estes by Peter G. Estes, Jr., Fayetteville, for appellee.

ADKISSON, Chief Justice.

The Benton County Circuit Court refused to allow appellant, Billabong Products, Inc., to intervene in a lawsuit between appellee, Orange City Bank, and Lola and Donald Millar. On appeal, we affirm.

In April of 1980 Billabong, with Donald Millar acting as president, borrowed $10,000 from the Bank, giving the Bank a promissory note in exchange for the loan. The Millars, who own ninety percent...

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