Oregon Bank v. Fox

Defendant appeals from a judgment for plaintiff in this conversion action, assigning as errors the granting of plaintiffs motion for summary judgment and the denial of defendant’s motion for summary judgment.

The material facts are undisputed. On November 18, 1977, Marco Dental Products, Inc. (Marco), and plaintiff entered into a written agreement whereby Marco granted plaintiff a security interest in certain personal property, including accounts receivable and their proceeds, as security for sums owing plaintiff by Marco. The agreement was signed by defendant, as president of Marco. On…