Legal Opinion
Davis v. Huntsville Production Credit Ass'n
Supreme Court of Alabama
Decided November 22, 1985No. 84-191PublishedCited by 18 opinions
1Opinion of the Court
In September 1979, the Huntsville Production Credit Association (HPCA) loaned Lee Davis and Herman Scott $45,430 to purchase equipment for their new logging operation. Davis and Scott signed a real estate mortgage, a security agreement, and a note. The loan was secured by the logging equipment (sawmill, engine, loader, and skidder), a third mortgage on 355.11 acres of real estate owned by Davis, a first mortgage on a one-third interest in 15 acres owned by Scott, and two mobile homes owned by Scott. In February 1980, Davis and Scott obtained an additional advance of $22,810 from HPCA for…
2Cases cited12 opinions
- Oden v. KingSupreme Court of Alabama · 1927
- Simmons MacH. Co. Inc. v. M. & M Brokerage, Inc.Supreme Court of Alabama · 1981
- Wells v. Central Bank of Alabama, N.A.Court of Civil Appeals of Alabama · 1977
- Alford v. Southern Building & Loan Ass'nSupreme Court of Alabama · 1934
- Mobley v. Brundidge Banking Co., Inc.Supreme Court of Alabama · 1977
7 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- In Re Bruce Craig Smith, Debtor. Commercial Federal Mortgage Corporation v. Bruce Craig Smith, David P. Rogers, Jr., Chapter 13 Standing TrusteeCourt of Appeals for the Eleventh Circuit · 1996
- Garcia v. StewartDistrict Court of Appeal of Florida · 2005
- Mississippi Valley Title Ins. Co. v. HardySupreme Court of Alabama · 1989
- Johnson v. ShirleySupreme Court of Alabama · 1988
- Turner v. DeKalb Bank (In Re Turner)United States Bankruptcy Court, N.D. Alabama · 1997
13 more not listed; retrieve them via the Exa API.