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ANDERSON v. FIRST JACKSONVILLE BANK

No. 5-4402.

423 S.W.2d 273 (1968)

243 Ark. 977

Jeri ANDERSON, Appellant, v. FIRST JACKSONVILLE BANK, Appellee.

Supreme Court of Arkansas.

January 29, 1968.

Attorney(s) appearing for the Case

Kenneth Coffelt, Little Rock, for appellant.

Bennie E. Rice, Jacksonville, for appellee.

BROWN, Justice.

This is a replevin action brought by First Jacksonville Bank against Jeri Anderson. It is undisputed that appellant, Anderson, was in default under the mortgage held by the Bank, and possession of the mortgaged automobile was awarded appellee Bank.

The facts were stipulated by the parties. The appellant executed a promissory note and chattel mortgage to the Bank to secure the purchase price of a 1966 Ford

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