Legal Opinion
Reynolds-Wilson Lumber Co. v. Peoples National Bank
Supreme Court of Oklahoma
Decided April 30, 1985No. 58271PublishedCited by 7 opinions
1Per curiam
The plaintiff-appellant, Reynolds-Wilson Lumber Company, d/b/a T R Cattle Company [hereinafter “TRC”], is the payee of a $150,000 sight draft drawn against the account of Perdue & McCarthy Cattle Company [hereinafter “P & M”] with the defendant-appellee, The Peoples National Bank, Kingfisher, Oklahoma [hereinafter “PNB”]. TRC sought to recover the amount of the draft on a theory of absolute or strict liability arising from PNB’s alleged breach of a statutory duty under 12A O.S. 1981 §§ 4-301 and 4-302 either to honor or return the draft before PNB’s midnight deadline. The trial court, sitting…
2Cases cited27 opinions
- Thompson v. Presbyterian Hospital, Inc.Supreme Court of Oklahoma · 1982
- Rock Island Auction Sales, Inc. v. Empire Packing Co.Illinois Supreme Court · 1965
- Kane v. American National Bank & Trust Co.Appellate Court of Illinois · 1974
- Farmers Cooperative Livestock Market, Inc. v. Second National Bank of LondonCourt of Appeals of Kentucky (pre-1976) · 1968
- Leaderbrand v. Central State Bank of WichitaSupreme Court of Kansas · 1969
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3Cited by7 opinions
- National Environmental Service Co. v. Ronan Engineering Co.Court of Appeals for the Tenth Circuit · 2001
- Los Angeles National Bank v. Bank of CantonCalifornia Court of Appeal · 1991
- Citizens Fidelity Bank & Trust Co. v. Southwest Bank & Trust Co.Nebraska Supreme Court · 1991
- Liberty Bank & Trust Co. of Oklahoma City, N.A. v. BachrachSupreme Court of Oklahoma · 1996
- Fidelity Bank & Trust Co. v. Deutsch, Kerrigan & StilesLouisiana Court of Appeal · 1990
2 more not listed; retrieve them via the Exa API.