TAYLOR v. HINKLE

No. 04-471.

200 S.W.3d 387 (2004)

Joe Alan TAYLOR, Jr. and Steve Hufstedler, Appellants, v. Michael HINKLE and Beiife, Inc., Appellees.

Supreme Court of Arkansas.

December 16, 2004.


Attorney(s) appearing for the Case

Barrett & Deacon, by: Ralph W. Waddell, D.P. Marshall, Jr, and Andrew H. Dallas, Jonesboro, for appellants.

W. Frank Morledge, P.A., Forrest City, for appellee.


BETTY C. DICKEY, Chief Justice.

Alan Taylor and Steven Hufstedler appeal a decision of the St. Francis County Circuit Court finding: (1) that appellants had no reasonable expectation of participation in the management and control of BEIIFE, Inc.; (2) that the corporation's by laws could be amended by the affirmative vote of fifty-one percent of the shares issued and outstanding; and, (3) that the actions of the appellants at the 2000 shareholders/board of directors...

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