Boatmen's National Bank of Carthage v. Eidson

MAUS, Judge.

In this action, Boatmen’s National Bank of Carthage (Boatmen’s) sought recovery against Raymond Edward Eidson and Ste-phania Mae Eidson (Eidsons) upon three promissory notes. The principal defense of the Eidsons was that Boatmen’s sold collat eral securing those notes at a public sale after giving the form of notice authorized by § 400.9-504(3) for a private sale. They contend a recovery of deficiency judgments was barred by the doctrine announced in Gateway Aviation, Inc. v. Cessna Aircraft Co., 577 S.W.2d 860 (Mo.App.1978). The trial court entered judgments for Boatmen’s…