Legal Opinion
National Home Centers, Inc. v. First Arkansas Valley Bank
Supreme Court of Arkansas
Decided June 15, 2006No. 05-1184PublishedCited by 8 opinions
1Opinion of the Court
Tom Glaze, Justice.
First Arkansas Valley Bank (FAVB) extended a construction loan to LTL&M Land Company, Inc. (LTL&M). In return, Ted Alexander, the president and sole shareholder of LTL&M, signed a promissory note on the loan. In addition, Alexander executed a mortgage on a piece of property owned by LTL&M called Angel Acres. The signature on the promissory note indicated that Alexander was signing in his capacity as president of LTL&M. The signature on the mortgage did not include an acknowledgment that Alexander was acting on behalf of LTL&M. LTL&M was listed as the borrower on the…
2Cases cited6 opinions
- Nucor Corp. v. KilmanSupreme Court of Arkansas · 2004
- Green v. MillsSupreme Court of Arkansas · 1999
- Seay v. C.A.R. Transportation Brokerage Co.Supreme Court of Arkansas · 2006
- Dellinger v. First Nat. Bank of RussellvilleSupreme Court of Arkansas · 1998
- Fidelity & Deposit Co. of Maryland v. RieffSupreme Court of Arkansas · 1930
1 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- McMickle v. GriffinSupreme Court of Arkansas · 2008
- Nabholz Construction Corp. v. Contractors for Public Protection Ass'nSupreme Court of Arkansas · 2007
- CITIFINANCIAL MORTG. CO., INC. v. MatthewsSupreme Court of Arkansas · 2008
- Harwell-Williams v. Arkansas Department of Human ServicesSupreme Court of Arkansas · 2006
- Arkansas Department of Finance and Administration v. Trotter Ford, Inc. And Trotter Auto, Inc., D/B/A Trotter ToyotaSupreme Court of Arkansas · 2024
3 more not listed; retrieve them via the Exa API.