Legal Opinion
American Bank & Trust Co. v. Shouse & Burrus
Court of Appeals of Kentucky
Decided April 15, 1983PublishedCited by 3 opinions
1Opinion of the Court
HOWERTON, Judge.
American Bank & Trust Company appeals from a summary judgment of the Fayette Circuit Court ordering it to pay Shouse & Burrus the sum of $8,250.85 plus prejudgment interest from March 12, 1982, until paid. The claim of Shouse & Burrus arose when it purchased the Bank’s stock from Jan Wallace, who was indebted to the Bank for several loans. Wallace endorsed the stock certificates to Shouse & Burrus to cover a fee. The Bank had not been notified and the transfer had not been recorded when Shouse & Burrus offered the stock for sale through the brokerage firm of Hilliard-Lyons,…
2Cases cited4 opinions
- Curtis v. CampbellCourt of Appeals of Kentucky (pre-1976) · 1960
- Shanklin v. TownsendCourt of Appeals of Kentucky (pre-1976) · 1968
- Citizens Trust & Guaranty Co. v. HaysCourt of Appeals of Kentucky · 1915
- Ward v. Martin, SheriffCourt of Appeals of Kentucky (pre-1976) · 1929
3Cited by3 opinions
- Dezarn v. First Farmers Bank of Owenton (In Re Dezarn)United States Bankruptcy Court, E.D. Kentucky · 1988
- Ferguson Enterprises, Inc. v. Main Supply, Inc.Court of Appeals of Kentucky · 1993
- Federal Deposit Ins. Corp. v. CARDINAL RESOURCESDistrict Court, E.D. Kentucky · 1989