Glass v. First National Bank of St. Louis, N.A.

RICHARD B. TEITELMAN, Judge.

The circuit court granted summary judgment in favor of Rodney and Diane Glass in their action under section 443.130 for ten percent of the face value of their deed of trust with First National Band of St. Louis, N.A. On appeal, First National argues both that the Glass’ demand letter was insufficient and that section 443.130 is unconstitutional. First National’s constitutional arguments are that section 443.130 is vague, violates equal protection, constitutes a taking of private property without just compensation and is an excessive fine.

Pursuant to article V,…