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WILD TURKEY RANCH v. WILHELM NURSING HOME

No. CA 84-181.

677 S.W.2d 871 (1984)

12 Ark.App. 392

WILD TURKEY RANCH, INC., Appellant, v. WILHELM NURSING HOME, INC., Appellee.

Court of Appeals of Arkansas, Division I.

October 24, 1984.

Attorney(s) appearing for the Case

H. David Blair, Batesville, for appellant.

Burris & Berry, Pochontas, for appellee.

COOPER, Judge.

The appellee, a Florida corporation, sold certain lands in Arkansas to the appellant, an Arkansas corporation, in April of 1980. In connection with this sale, the appellant executed a promissory note which was secured by a mortgage on the land. At the time of this transaction, the appellee was qualified to do business in Arkansas as a foreign corporation, but later its authorization to conduct business in...

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