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MORGAN v. CLINTON STATE BANK

No. CA 94-429.

900 S.W.2d 216 (1995)

50 Ark.App. 67

Robert R. MORGAN, Appellant, v. CLINTON STATE BANK and Clinton Bancshares, Inc., Appellees.

Court of Appeals of Arkansas, En Banc.

June 28, 1995.

Attorney(s) appearing for the Case

John E. Tull, III, Little Rock, for appellant.

W. Kirby Lockhart, Little Rock, for appellee.

JENNINGS, Chief Judge.

Robert R. Morgan was employed as the CEO and chairman of the board of Clinton State Bank. The written contract provided that he would be employed for a period of five years beginning March 1, 1987. On October 15, 1989, Morgan was fired.

On January 29, 1990, some two years before the expiration of the employment contract, Morgan brought suit for damages for breach in Pulaski County Chancery...

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