American Perforating Co. v. Oklahoma State Bank

LAVENDER, Justice.

This appeal arises in an action in replev-in, in which the defendant in error herein, Oklahoma State Bank, Ada, Oklahoma, also sought a money judgment against the plaintiffs in error herein, as defendants, on seven promissory notes, each of which, the bank alleged, was secured by a separate security agreement and a separate financing statement (provided for in the Uniform Commercial Code) upon which the bank based the replevin branch of its case.

The appeal, by the defendants in the trial court (The American Perforating Company, Inc., a corporation, and Charles S. Mayfield…