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TEXAS NATIONAL BANK OF HOUSTON v. AUFDERHEIDE

No. PB-63-C-34.

235 F.Supp. 599 (1964)

TEXAS NATIONAL BANK OF HOUSTON, Plaintiff, v. Calvin AUFDERHEIDE and John McCauley, dba A & M Flying Service, and De Witt Bank & Trust Company, Defendants.

United States District Court E. D. Arkansas, Pine Bluff Division.

November 19, 1964.

Attorney(s) appearing for the Case

Guy Amsler, Jr., of Barber, Henry, Thurman & McCaskill, Little Rock, Ark., for plaintiff.

Griffin Smith, Little Rock, Ark., and Wilbur Botts, De Witt, Ark., for defendants.

HENLEY, Chief Judge.

This controversy arises out of a 1963 sale by a Texas retail aircraft dealer to the individual defendants, citizens of Arkansas, of a certain Piper PA 25-235 airplane which at the time of the sale was subject to a floor plan mortgage in favor of plaintiff, Texas National Bank of Houston, which mortgage had been duly recorded with the office of the Federal Aviation Agency in Oklahoma City, pursuant to the provisions of section 503 of the Federal...

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