Legal Opinion
Citizens Bank of University City v. Gehl
Missouri Court of Appeals
Decided May 9, 1978No. 39084PublishedCited by 13 opinions
1Opinion of the Court
CLEMENS, Presiding Judge.
When defendant-borrower failed to appear for trial the court awarded plaintiff-bank actual and punitive damages for defendant’s fraud in obtaining a loan from plaintiff. Defendant has appealed from denial of his motion to set aside.
In June of 1973 defendant, a chiropractor, applied to plaintiff for a $38,261 loan to purchase an x-ray machine. Defendant pledged the machine as collateral and signed a statement declaring he had received the machine in good working order. The bank relied on the declaration and made the loan.
In January of 1974 defendant defaulted on his…
2Cases cited8 opinions
- Beggs v. Universal CIT Credit CorporationSupreme Court of Missouri · 1966
- Ackmann v. Keeney-Toelle Real Estate CompanySupreme Court of Missouri · 1966
- Hoene v. Associated Dry Goods CorporationSupreme Court of Missouri · 1972
- Universal CIT Credit Corporation v. TatroMissouri Court of Appeals · 1967
- Human Development Corp. of Metropolitan St. Louis v. WefelMissouri Court of Appeals · 1975
3 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- William H. Armstrong, Jr., Appellant/appellee v. Republic Realty Mortgage Corporation, Appellee/appellantCourt of Appeals for the Eighth Circuit · 1980
- Kerth v. Polestar EntertainmentMissouri Court of Appeals · 2010
- Kramer v. LeineweberMissouri Court of Appeals · 1982
- Gollwitzer v. TheodoroMissouri Court of Appeals · 1984
- Estate of Knapp ex rel. Igoe v. NewhouseMissouri Court of Appeals · 1995
8 more not listed; retrieve them via the Exa API.