Legal Opinion

Pulaski Federal Savings & Loan Ass'n v. Woolsey

Supreme Court of Arkansas

Decided May 15, 1967No. 5-4213PublishedCited by 7 opinions

1Opinion of the Court

J. Feed Jones, Justice.

This is an appeal from a decree of the Pulaski County Chancery Court wherein mortgagéd property was sold under a decree of foreclosure hut a money judgment against the mortgagor was denied.

The record reveals that on March 11, 1964, Donald St .Woolsey and wife, for value received, gave Pulaski Federal Savings & Loan Association their promissory note for $22,000.00 payable in monthly installments of $141.76 and secured by a mortgage on property owned by Mr. and Mrs. Woolsey. The note contained a thirty day acceleration clause.

On November 12, 1964, the Woolseys conveyed…

2Cases cited3 opinions

  1. Crone v. JohnsonSupreme Court of Arkansas · 1966
  2. Johnson v. Guaranty Bank Trust CompanySupreme Court of Arkansas · 1928
  3. McCown v. NicksSupreme Court of Arkansas · 1926

3Cited by7 opinions

  1. Tripp v. MillerCourt of Appeals of Arkansas · 2003
  2. Cupples Brothers, Cupples Farms, a Partnership, Gracie M. Cupples, Horace E. Cupples, Jr. v. Federal Land Bank of St. LouisCourt of Appeals for the Eighth Circuit · 1992
  3. Wilmington Savings Fund Society v. Milton A. SmithCourt of Appeals of Arkansas · 2023
  4. Bank of Little Rock v. Casadyne Corp.Court of Appeals of Arkansas · 2004
  5. Bowen v. DannaSupreme Court of Arkansas · 1982

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