Legal Opinion
P & E FINANCE COMPANY v. Stonecipher
Supreme Court of Oklahoma
Decided November 5, 1963No. 39779PublishedCited by 5 opinions
1Opinion of the Court
WELCH, Justice.
On June 30th, 1959, defendants Stone-cipher purchased nine automobiles from Slater-Mashburn Motor Company. P & E Finance Company sued for possession of five of such automobiles covered by floor plan mortgages, duly recorded, under the terms of which possession thereof remained in the mortgagors for display and sale in the regular course of trade for cash or upon such terms as are approved by the mortgagee, the mortgagor to hold the proceeds of sales thereof in trust for the mortgagee to apply on the mortgages. It was contended in plaintiff’s petition that the mortgagor and…
2Cases cited5 opinions
- Stemmons, Inc. v. Universal CIT Credit CorporationSupreme Court of Oklahoma · 1956
- Owen v. MillerSupreme Court of Oklahoma · 1942
- Bob Harper Finance Co. v. LesterSupreme Court of Oklahoma · 1952
- Culbertson v. GreeneSupreme Court of Oklahoma · 1952
- First National Bank & Trust Co. of Oklahoma City v. First National Bank at ArdmoreSupreme Court of Oklahoma · 1958
3Cited by5 opinions
- Associates Discount Corp. v. Rattan Chevrolet, Inc.Texas Supreme Court · 1970
- Commercial Credit Corporation v. BlauSupreme Court of Missouri · 1965
- Arvest Bank v. SpiritBank, N.A.Court of Civil Appeals of Oklahoma · 2008
- Associates Discount Corp. v. Rattan Chevrolet, Inc.Texas Supreme Court · 1970
- Walker v. WalkerSupreme Court of Oklahoma · 1970