Legal Opinion
Lee v. Vaughn
Supreme Court of Arkansas
Decided March 8, 1976No. 75-268PublishedCited by 10 opinions
1Opinion of the Court
Carleton Harris, Chief Justice.
Appellant, Carl W. Lee, guaranteed the payment of “the first S3,000.00” of a S4,000.00 note from Norvile and Rofena Akin, which Lee assigned to appellee, B. J. Vaughn, a resident of Lamesa, Texas; the guaranty agreement was also executed in Texas. The agreement provided that “If any monthly installment is past due more than 15 days, B. J. Vaughn shall promptly mail notice of that fact to the said Lee, P. O. Box 266, Bentonville, Arkansas, 72712.” The Akins defaulted on the note, and appellant refused to perform his agreement, contending that appellee failed to…
2Cases cited8 opinions
- Natl. Bank of Eastern Ark. v. CollinsSupreme Court of Arkansas · 1963
- American Aviation, Inc. v. Aviation Insurance Managers, Inc.Supreme Court of Arkansas · 1968
- United States Plywood Corp. v. Continental Casualty Co.District of Columbia Court of Appeals · 1960
- Yama v. SigmanSupreme Court of Colorado · 1945
- Gulf Refining Co. v. Williams Roofing Co.Supreme Court of Arkansas · 1945
3 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Moore v. First National Bank of Hot SpringsCourt of Appeals of Arkansas · 1981
- McCaleb v. National Bank of Commerce of Pine BluffCourt of Appeals of Arkansas · 1988
- Shamburger v. Union Bank of BentonCourt of Appeals of Arkansas · 1983
- Worthen Bank & Trust Company, N.A., Appellant/cross-Appellee v. Walter A. Utley, Appellee/cross-AppellantCourt of Appeals for the Eighth Circuit · 1984
- Arkansas Industrial Development Commission v. FABCO of Ashdown, Inc.Supreme Court of Arkansas · 1993
5 more not listed; retrieve them via the Exa API.