Legal Opinion

Exchange Bank of Osceola v. Jarrett

Montana Supreme Court

Decided January 10, 1979No. 14101PublishedCited by 3 opinions

1Opinion of the CourtJustice Sheehy

Plaintiff appeals from an order entered by the District Court, Custer County, granting defendant’s motion to dismiss for failure to state a claim upon which relief could be granted. We reverse.

The material facts are not in dispute. On September 8, 1976, Daniel F. Holland purchased a Michigan tractor-scraper through the Exchange Bank of Osceola (bank), located in Kissimmee, Florida. The bank retained a security interest in the tractor to insure full payment of the $13,000.00 purchase price. The bank took the necessary steps to perfect its security interest under Florida’s Commercial Code.

On…

2Cases cited4 opinions

  1. State v. GuerraSupreme Court of New Jersey · 1983
  2. National Shawmut Bank v. JonesSupreme Court of New Hampshire · 1967
  3. The FIRST NAT'L. BANK OF BAY SHORE v. StamperNew Jersey Superior Court Appellate Division · 1966
  4. Exeter & Hampton Electric Co. v. Public Utilities CommissionSupreme Court of New Hampshire · 1967

3Cited by3 opinions

  1. American Standard Credit, Inc. v. National Cement Co., Programming and Systems, Inc., International Computer Corp.Court of Appeals for the Fifth Circuit · 1981
  2. C & J Leasing II Ltd. Partnership v. SwansonSupreme Court of Iowa · 1989
  3. NATIONAL BANK OF SC v. DanielsCourt of Appeals of South Carolina · 1984

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