Pacific National Bank v. Hernreich

398 S.W.2d 221 (1966)

PACIFIC NATIONAL BANK, Appellant,

v.

George HERNREICH, Appellee.

No. 5-3793.

Supreme Court of Arkansas.

January 24, 1966.

Warner, Warner, Ragon & Smith, Ft. Smith, for appellant.

Harper, Harper, Young & Durden, Ft. Smith, for appellee.

JOHNSON, Justice.

This appeal involves two apparently conflicting Arkansas statutes.

Appellee George Hernreich, operator of a jewelry store in Fort Smith, executed three promissory notes payable to W. F. Sebel Co, Inc., a foreign corporation. Sebel Company, a wholesaler of diamond jewelry, was not qualified to do business in Arkansas. Hernreich had…