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ELGIN v. ALFA CORP.

89-1227.

598 So.2d 807 (1992)

Julian ELGIN, et al. v. ALFA CORPORATION, et al.

Supreme Court of Alabama.

April 17, 1992.

Attorney(s) appearing for the Case

Richard H. Gill, Robert D. Segall and Jim Vickrey of Copeland, Franco, Screws & Gill and Julian L. McPhillips, Jr. of McPhillips, DeBardelaben & Hawthorne, Montgomery, for appellants.

Robect A. Huffaker of Rushton, Stakely, Johnston & Garrett, Montgomery, for appellee Alfa Corp.

Robert W. Bradford, Jr. of Hill, Hill, Carter, Franco, Cole & Black, Montgomery, for appellees the Mutual Companies.

Thomas W. Thagard of Balch & Bingham, Montgomery, for appellees the Directors.

ON APPLICATION FOR REHEARING

KENNEDY, Justice.

The opinion of August 30, 1991, is withdrawn and the following is substituted therefor.

This appeal involves a shareholder's derivative action filed on behalf of three mutual insurance companies, Alfa Mutual General Insurance Company ("Alfa General"), Alfa Mutual Insurance Company ("Alfa Mutual"), and Alfa Mutual Fire Insurance Company ("Alfa Fire") by Julian...

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