Invesat Corp. v. Harrison Enterprises, Inc.

WALKER, Justice,

for the Court.

This is an appeal from an order of the Chancery Court of the Second Judicial District of Jasper County, Mississippi, overruling a motion to dissolve a preliminary injunction. The chancellor allowed the defendant to take this interlocutory appeal pursuant to Mississippi Code Annotated section 11-51-7 (Supp.1979).

In 1977 Invesat Corporation loaned $400,-000 to Mississippi Farmers Association Meat Producers, Inc., a wholly-owned subsidiary of Mississippi Farmers Co-op Association. As part of the same transaction the complainants, E. L. Harrison, Jr., and Harrison…