First Oklahoma Bank, N.A. v. Sparkman

OPINION

HANSEN, Vice-Chief Judge:

First Oklahoma Bank, (Bank) received a judgment against Appellant Patrick Spark-man for $90,000.00. This appeal arises from actions taken by Bank to collect the judgment. Bank attempted to execute against corporate stock owned by Spark-man in two companies. The stock was subject to corporate buy-sell agreements. These agreements provided:

In the event of bankruptcy of a Stockholder, execution by a third party upon assets of a Stockholder, or any other circumstance resulting in the involuntary transfer or potential involuntary transfer of said stock to a third…