Adams v. City National Bank &Trust Co. of Norman

This case presents an issue concerning a conflict under 'the Uniform Commercial Code (U.C.C.) between the holder of a perfected security interest in an automobile and a subsequent buyer of the car. City National Bank and Trust Company of Norman, Oklahoma (Bank) commenced this action against appellant here, Ladd Adams, and Denny and Carol Clanton, seeking re-plevin of a certain Ford automobile.

The facts stipulated to by Bank and Adams are as follows. Peerson, owner of A-l Auto Sales, (dealer) displayed the Ford in question on his used car lot for sale. Dealer assigned title to the Ford to…