Legal Opinion

First National Bank & Trust Co. v. Security National Bank & Trust Co.

Supreme Court of Oklahoma

Decided February 28, 1984No. 60151, 60645PublishedCited by 9 opinions

1Opinion of the Court

LAVENDER, Justice:

At issue is the priority, inter se, of two creditors claiming a security interest in the same collateral under Part 3, Art. 9 of the Oklahoma Commercial Code — Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority (12A O.S.1981 § 9-309, et seq.).

The essential facts for determination of the issues on appeal are as follows:

On November 22, 1980, The Weather Station, Inc. (Weather Station) borrowed $30,-000 from Security National Bank and Trust Company of Norman (Security) and gave Security a note and a security interest in all furniture,…

2Cases cited10 opinions

  1. United States v. Kimbell Foods, Inc.Supreme Court of the United States · 1979
  2. Safe Deposit Bank and Trust Company v. Eugene B. Berman, Trustee, in the Matter of Fernandes Welding & Equipment Service, Inc., BankruptCourt of Appeals for the First Circuit · 1968
  3. Security National Bank & Trust Co. of Norman v. Dentsply Professional PlanSupreme Court of Oklahoma · 1980
  4. Davon Drilling Company v. GinderSupreme Court of Oklahoma · 1970
  5. Allis-Chalmers Credit Corp. v. Cheney Investment, Inc.Supreme Court of Kansas · 1980

5 more not listed; retrieve them via the Exa API.

3Cited by9 opinions

  1. In Re Continental Resources Corporation, DebtorCourt of Appeals for the Tenth Circuit · 1986
  2. Intermountain Brick Co. v. Valley BankWyoming Supreme Court · 1987
  3. In Re Continental Resources Corp.United States Bankruptcy Court, W.D. Oklahoma · 1984
  4. United States v. Lincoln Savings Bank (In Re Commercial Millwright Service Corp.)United States Bankruptcy Court, N.D. Iowa · 1998
  5. Woodson v. Community Bank & Trust Co. (In Re B & S Motor Freight, Inc.)United States Bankruptcy Court, N.D. Oklahoma · 1986

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