Legal Opinion
Texas Kenworth Co. v. First National Bank of Bethany
Supreme Court of Oklahoma
Decided May 3, 1977No. 48170PublishedCited by 16 opinions
1Opinion of the Court
DAVISON, Justice:
Appellee, Texas Kenworth Company, brought a conversion action against the appellant, First National Bank of Bethany, alleging that the Bank had converted the proceeds realized at the sale of four trucks. Both parties involved in the appeal were secured creditors who had perfected security interests in the four trucks sold, by virtue of their dealings with debtor, Paul Se-well, owner of the Paul Sewell Trucking Company. As the proceeds realized at the sale of the four trucks were not sufficient to make whole either of the secured creditors, the creditor having priority is…
2Cases cited3 opinions
- Safe Deposit Bank and Trust Company v. Eugene B. Berman, Trustee, in the Matter of Fernandes Welding & Equipment Service, Inc., BankruptCourt of Appeals for the First Circuit · 1968
- John Miller Supply Co. v. Western State BankWisconsin Supreme Court · 1972
- In the Matter of Public Leasing Corporation (Two Cases). Community National Bank of Warr Acres v. C. C. Victory, Receiver of Public Leasing Corporation, Hobbs Division of Fruehauf Corporation v. C. C. Victory, Receiver of Public Leasing CorporationCourt of Appeals for the Tenth Circuit · 1973
3Cited by16 opinions
- Security National Bank & Trust Co. of Norman v. Dentsply Professional PlanSupreme Court of Oklahoma · 1980
- Allis-Chalmers Credit Corp. v. Cheney Investment, Inc.Supreme Court of Kansas · 1980
- State Bank of Young America v. Vidmar Iron Works, Inc.Supreme Court of Minnesota · 1980
- Charles E. Covey v. State Bank of ToulonCourt of Appeals for the Seventh Circuit · 2014
- Idaho Bank & Trust Co. v. Cargill, Inc.Idaho Court of Appeals · 1983
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