Johnson v. THE CITIZENS BANK

This appeal follows the granting of a motion for summary judgment in a repossession case.

The record in pertinent part reveals the following: In July 1988, the defendant, Larry Johnson, borrowed money from The Citizens Bank (bank), and pledged as collateral a Chevrolet truck. A bank employee testified that, when the truck was destroyed, Johnson called the bank and advised it that he wanted to substitute for the Chevrolet truck on the note two other vehicles, and wanted the bank to authorize him to keep the insurance money collected on the truck. A bank employee testified that shortly after…