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FIRST MUSTANG STATE BANK v. GARLAND BLOODWORTH

No. 70084.

825 P.2d 254 (1991)

FIRST MUSTANG STATE BANK, Brookwood National Bank, Bill W. Scarberry, Raymond J. Rudnicki and Geronimo Properties, an Oklahoma General Partnership, Appellees, v. GARLAND BLOODWORTH, INC., d/b/a Garland Bloodworth and Associates, Appellant.

Supreme Court of Oklahoma.

As Amended on Grant of Rehearing for Limited Purpose January 14, 1992.

Attorney(s) appearing for the Case

Ramey & Nelson, Robert W. Nelson and Michael N. Brown, Yukon, for appellee, First Mustang State Bank.

James E. Britton and Jim B. Goin, Hastie and Kirschner, Oklahoma City, for appellee, Brookwood Nat. Bank.

Michael Avant-Pybas, Mustang, for appellees, Bill W. Scarberry, Raymond J. Rudnicki and Geronimo Properties, an Oklahoma Partnership.

Carl F. Wemhoener, Bloodworth & Associates, Oklahoma City, for appellant.

SUMMERS, Justice:

Don Brown (Seller) owned land on which First Mustang State Bank (First Mustang) held a mortgage and note for $35,000.00. On August 12, 1985, Brown entered into a contract for the sale of this particular property with the partners of Geronimo Properties (Buyer). The sale price was $135,000.00. It is this realty, which we will call "Property A," that is the subject of the present appeal.

Seller also...

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