Adcock v. First City Bank of Alice

OPINION

BIERY, Justice.

First City Bank of Alice (“the Bank”) sued Nita Adcock and Roy Allen Adcock, guarantors, to recover the deficiency on an unpaid promissory note. The Adcocks answered and counterclaimed that the Bank had not properly complied with the notice and commercially reasonable sale requirements of Chapter 9 of the Texas Business and Commerce Code.

In answer to the only issue submitted, the jury found that an agreement existed between the Bank and Nita Adcock and that the collateral was sold pursuant to that agreement. The sufficiency of the evidence to support the jury’s verdict…