RHODES v. OAKLAWN BANK

No. 82-275.

648 S.W.2d 470 (1983)

Jerry RHODES, Appellant, v. OAKLAWN BANK, Appellee.

Supreme Court of Arkansas.

April 4, 1983.


Attorney(s) appearing for the Case

Smith, Stroud, McClerkin, Dunn & Nutter by Nelson V. Shaw, Texarkana, for appellant.

Wheeler, Graham, Gooding & Morriss by Josh R. Morris, III, Texarakana, Tex., for appellee.


PURTLE, Justice.

Appellant executed a promissory note to appellee which was secured by some items of restaurant equipment and a prefabricated aluminum building. The appellant had operated a fast food restaurant from this building and used the equipment in the business. Appellant defaulted in his payment schedule and appellee repossessed the building and equipment. Some months later, appellee sold the collateral. Appellant was never sent written notice of the sale...

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