First & Farmers Bank of Somerset, Inc. v. Henderson

CLAYTON, Judge.

This appeal arises from a jury verdict in favor of appellee/cross-appellant, Charles Henderson, (hereinafter Henderson) against appellant/cross-appellee, First and Farmers Bank of Somerset, Inc., (hereinafter the Bank) as well as post-trial motions resulting in a partial judgment non obstante veredicto. We affirm.

The substance of the case concerns the manner in which the Bank repossessed Henderson’s speed boat in which the Bank had a valid security interest. There was considerable dispute below as to the underlying question of the Bank’s right to declare a default. Since there…