Legal Opinion

Arkansas Savings & Loan Ass'n Board v. Central Arkansas Savings & Loan Ass'n

Supreme Court of Arkansas

Decided July 1, 1974No. 74-56PublishedCited by 26 opinions

1Opinion of the Court

George Rose Smith, Justice.

In 1973 the appellee, Central Arkansas Savings & Loan Association, applied to the Arkansas Savings and Loan Association Board for a charter to begin business as a savings and loan association in the city of Conway. The application was resisted by the Security Savings & Loan Association of. Conway, which had been chartered in 1961.

A three-member quorum of the five-member Board considered the application after an extended hearing. By a 2-0 vote the Board denied the application, finding, in the language of the statute, that there is not a public need for the proposed…

2Cases cited3 opinions

  1. United States v. Chicago, Milwaukee, St. Paul & Pacific R.Supreme Court of the United States · 1935
  2. Oklahoma Inspection Bureau v. State Board for Property & Casualty RatesSupreme Court of Oklahoma · 1965
  3. Dura Craft Boats, Inc. v. DaughertySupreme Court of Arkansas · 1969

3Cited by26 opinions

  1. Gordon v. CummingsSupreme Court of Arkansas · 1978
  2. Arkansas Savings & Loan Ass'n Board v. Central Arkansas Savings & Loan Ass'nSupreme Court of Arkansas · 1976
  3. Arkansas State Highway Commission v. White Advertising InternationalSupreme Court of Arkansas · 1981
  4. Cain v. Arkansas State Podiatry Examining BoardSupreme Court of Arkansas · 1982
  5. First State Building & Loan Ass'n v. Arkansas Savings & Loan BoardSupreme Court of Arkansas · 1975

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