Banking & Finance Law involves individuals and businesses in transactions with federal and state-chartered financial institutions -- including issues related to bank accounts, negotiable instruments, loans, interest rates, regulatory compliance, taxes, and more. Banking and finance law applies to those individuals and institutions that lend or borrow money. Lenders typically include banks, leasing companies, finance companies and other financial institutions. Borrowers are individuals, corporations, institutions or the government.
Armorel is an unincorporated township located in Mississippi County, Arkansas. A largely rural area with most of its land devoted to forests and farms, population estimates are variously given as between 300 and 500 people. Most of the town lies between U.S. Highway 18 and U.S. Highway 312. The town was founded in 1899 by lumber magnate and president of Lee Wilson and Company, R.E.L. Wilson as one of his many company holdings. Wilson was an eclectic and colorful figure with vast land holdings in the Delta area after the Civil War. Also a big believer in education, Wilson was one of the original trustees of Arkansas State University, then A & M College. He sat on the board from 1917 until his passing in 1933. The town's name was formed from the abbreviations of Arkansas and Missouri, along with the first three initials of its founder, R.E.L. Wilson.