Legal Opinion
Dallas Ceramic Co. v. Morgan
Supreme Court of Oklahoma
Decided February 8, 1977No. 49650PublishedCited by 4 opinions
1Opinion of the Court
BARNES, Justice:
This is a case of first impression in Oklahoma. The single question presented for review is whether, in applying 31 O.S.1971, § 2, to determine the extent of the Appel-lee’s real property exempted as his constitutional homestead, the Trial Court correctly construed “value” to mean fair market value less outstanding encumbrances. If so, Appellee’s property fell within the statutory limitation and was exempt from execution by Appellant.
The pertinent facts are these: Appellant, Dallas Ceramic Company, sought to enforce a Texas judgment in the amount of $2,220.21, plus $750.00…
2Cases cited14 opinions
- Finerty v. First Nat. Bank of DuncanSupreme Court of Oklahoma · 1923
- Bullock's, Inc. v. Security-First National BankCalifornia Court of Appeal · 1958
- Durell v. Public Service Co. of OklahomaSupreme Court of Oklahoma · 1935
- John Hancock Mutual Life Insurance v. WagnerWashington Supreme Court · 1933
- Barber v. BeckettSupreme Court of Alabama · 1949
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3Cited by4 opinions
- Mercier v. PartlowSupreme Court of Vermont · 1988
- In Re Theodore Ted McCoy and Carolyn Brown McCoy Bankrupts, Mickey D. Wilson, Trustee v. General Motors Acceptance CorporationCourt of Appeals for the Tenth Circuit · 1981
- In Re RashidDistrict Court, W.D. Oklahoma · 1989
- In re RogalinUnited States Bankruptcy Court, W.D. Oklahoma · 1996