Agricultural Finance Corp. v. Brinkley

The Agricultural Finance Corporation of Blytheville was organized under the laws of Arkansas about 1927 for the. purpose of making loans to farmers through the Federal Intermediate Credit Bank of St. Louis. Samuel L. Thomas was secretary and treasurer after the first year or two until suit was filed in March, 1933, by certain stockholders to wind up the affairs of said corporation, in the chancery court for the Osceola District of Mississippi County, and Roy Nelson was appointed receiver and directed to proceed to collect notes and accounts. As such receiver, he filed this suit on April 28,…