Legal Opinion

Williams v. First National Bank & Trust Co. of Vinita

Supreme Court of Oklahoma

Decided January 12, 1971No. 42626PublishedCited by 14 opinions

1Opinion of the Court

McINERNEY, Justice.

Plaintiff in Error, J. D. Williams, as vendor, and Defendant in Error, First Na tional Bank and Trust Company of Vinita, as lender, each extended credit to one Goad (not a party to this appeal), and each took a security interest in certain (identical) property owned by Goad. Williams then perfected his security interest ahead of the Bank by filing his financing statement, as required by the Uniform Commercial Code, 12A O.S.1961, §§ 9-302, 9-401(1) (c), before the Bank did. Goad thereafter went bankrupt with the bulk of the two loans still outstanding, and both the Bank and…

2Cases cited2 opinions

  1. Rucker v. Republic Supply CompanySupreme Court of Oklahoma · 1966
  2. Kirkpatrick v. Oil Well Supply Co.Supreme Court of Oklahoma · 1935

3Cited by14 opinions

  1. AM International, Inc. v. Tennessee Valley Authority (In Re AM International, Inc.)United States Bankruptcy Court, M.D. Tennessee · 1985
  2. Percival Construction Co. v. Miller & Miller Auctioneers, Inc.Court of Appeals for the Tenth Circuit · 1976
  3. Advanced Analytics Laboratories, Inc. v. Environmental Aspecs, Inc. (In Re Environmental Aspecs, Inc.)District Court, E.D. North Carolina · 1999
  4. Mihalko v. Continental Bank & Trust Co. (In Re Mihalko)United States Bankruptcy Court, E.D. Pennsylvania · 1988
  5. Vahlsing Christina Corp., Inc. v. First Nat. Bank of HobbsCourt of Appeals of Texas · 1973

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