Legal Opinion

Fox v. Republic National Life Insurance

Supreme Court of Arkansas

Decided February 23, 1942No. 4-6640PublishedCited by 1 opinion

1Opinion of the CourtGtriffin Smith, C. J.

Dr. Vernon R. Fox and others have appealed from a. decree foreclosing three mortgages. The causes were -consolidated for trial as Case No. 7244.

Appellants seek to avoid the mortgages on the ground they were given to secure notes for stock issued by the insurance company, in violation of Act 493-,"approved March 25, 1921. Pope’s Digest, § 7683. It is also urged that the transactions complained of contravene the constitution. Art. 12, § 8.

Public National Insurance Company, hereinafter called Public, had been domiciled in Missouri. In 1935 it moved to Little Rock and incorporated in this state.…

2Cases cited16 opinions

  1. Sohland v. BakerSupreme Court of Delaware · 1927
  2. Bank of Commerce v. GoolsbySupreme Court of Arkansas · 1917
  3. Harn v. SmithSupreme Court of Oklahoma · 1921
  4. Whittington v. FlintSupreme Court of Arkansas · 1884
  5. General Bonding & Casualty Insurance v. MoseleyTexas Supreme Court · 1920

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3Cited by1 opinion

  1. McNatt v. CommissionerUnited States Tax Court · 1962

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