Interstate Jobbing Company v. Velvin

This 'is the second appeal in this case, and, in the opinion reported on the former appeal, which appears in 165 Ark. 263, will he found a statement of the facts out of which the litigation arose. The suit was brought by the Interstate- Jobbing Company to enforce against appellee, as president of the Farmers’ Mercantile Company, a domestic corporation, the liability prescribed by § 1715, C. & M. Digest, for failure to file the annual corporate report required by that section.

Defendant Velvin became president of the corporation on January 1, 1921, and was president thereof during the remainder…