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FIRST INTERSTATE BANK v. MORRIS

C910692 CV; CA A75002.

851 P.2d 1176 (1993)

120 Or. App. 46

FIRST INTERSTATE BANK OF OREGON, N.A., Respondent, v. James B. MORRIS, Jr., Appellant.

Court of Appeals of Oregon.

Decided May 12, 1993.

Attorney(s) appearing for the Case

Barbee B. Lyon, Portland, argued the cause, for appellant. With him on the briefs were Edwin C. Perry and Tonkon, Torp, Galen, Marmaduke & Booth, Portland.

Lauren E. Winters, Portland, argued the cause, for respondent. With her on the brief were Jennifer L. Palmquist and Foster, Pepper & Shefelman, Portland.

Before WARREN, P.J., and EDMONDS and LANDAU, JJ.

WARREN, Presiding Judge.

Defendant appeals from a summary judgment for plaintiff. We reverse.

This case deals with the termination of a personal line of credit that plaintiff granted to defendant. On February 15, 1990, the parties signed two agreements, a Master Borrowing Agreement (agreement) and a negative pledge of stock (pledge), by which defendant agreed not to sell certain shares of stock while the line of...

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