Smith v. Citizens State Bank of Hugo

BRIGHTMIRE, Presiding Judge.

The thawing of frozen assets was in a sense the object of this lawsuit between a depositor and her bank.

More specifically, the issue raised by the defeated bank is whether the law and evidence supports the jury verdict and judgment in favor of plaintiff for substantial compensatory and punitive damages.

We hold it does and affirm.

I

On July 30, 1982, the bank customer, Joyce Smith, entered into a thirty-six month installment loan agreement with Citizens State Bank of Hugo, Oklahoma, to finance the purchase of a 1980 model pickup truck for her boyfriend. Monthly…