Supreme Court of Arkansas December 15, 1941, 4-6535 (Willett v. Kelley)

Humphreys, J.

On November 28, 1925, A. L. Felts and his wife, Lora A. Felts, obtained an advance from the Arkansas Building & Loan Association, Perpetual, of Little Rock, Arkansas, of $2,250 on 90 shares of stock owned in said building and loan association by A. L. Felts under an agreement that he would mature the stock by monthly payments of dues in order to pay said advance.