Legal Opinion

Continental Supply Co. v. Thomas

Supreme Court of Arkansas

Decided July 2, 1917PublishedCited by 2 opinions

Appeal from Sevier Circuit Court; Jefferson T. Cowling, Judge; 1. A substantial compliance with Kirby’s Digest, section 5407, is sufficient. 40 Ark. 431; 60 Id. 112; 28 Id.' 244; 5 R. C. L. 410, 24 U. S. (Law ed.) 544; 88 Tex. 26; 33 L. R. A. 163; 16 L. R. A. (N. S.) 703. 2. The letter to the clerk, with the mortgage, was a substantial compliance with the statute. 1 Fed. Cas. 112, 114; 7 Words & Phrases, 6742; 43 Ark. 144; 5 R. C. L. 409, § 35; 30 N. J. L. 259; 83 Ill.

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Appeal from Sevier Circuit Court; Jefferson T. Cowling, Judge; 1. A substantial compliance with Kirby’s Digest, section 5407, is sufficient. 40 Ark. 431; 60 Id. 112; 28 Id.' 244; 5 R. C. L. 410, 24 U. S. (Law ed.) 544; 88 Tex. 26; 33 L. R. A. 163; 16 L. R. A. (N. S.) 703. 2. The letter to the clerk, with the mortgage, was a substantial compliance with the statute. 1 Fed. Cas. 112, 114; 7 Words & Phrases, 6742; 43 Ark. 144; 5 R. C. L. 409, § 35; 30 N. J. L. 259; 83 Ill. App. 267; 106 Col. 208; 84 Ind. 248; 39 Barb. (N. Y.) 42; 11 Minn. 331; 60 Yt. 595; 15 Atl. 188. 3. Failure of the clerk to…

1Opinion of the CourtHumphreys, J.

Appellant instituted suit against appellees in replevin on the 14th day of December, 1916, in the circuit court of Sevier County to recover the possession of a lot of personal property covered by a certain mortgage executed by the Oil Well Drilling Company to it to secure two promissory notes for the sum of $1,030.96 each, due in sixty and ninety days after date, bearing interest at the rate of 8 per cent, per annum from date until paid.

Appellant had foreclosed its mortgage and purchased the property under the foreclosure sale. On the 16th day of May, 1916, the chattel mortgage in question…

2Cases cited8 opinions

  1. State v. SmithSupreme Court of Arkansas · 1883
  2. Carrier v. ComstockSupreme Court of Arkansas · 1913
  3. Case & Co. v. HargadineSupreme Court of Arkansas · 1884
  4. Dedman v. EarleSupreme Court of Arkansas · 1889
  5. Price v. SkillernSupreme Court of Arkansas · 1895

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3Cited by2 opinions

  1. Leach v. Bald Knob State BankSupreme Court of Arkansas · 1924
  2. Gasconade Development Co. v. McIlroy Bank & Trust Co.Supreme Court of Arkansas · 1938

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