Central Fidelity National Bank v. Woodyard Auto Sales, Inc.

By Judge John W. Scott, Jr.

This matter came before the Court for trial on March 4, 1997. Counsel for the Plaintiff and the Defendant were in attendance, presented evidence, and argued their respective positions before the Court. William Newsome, the third-party defendant, has not made an appearance in this litigation, either in person or by counsel. The facts of this matter are essentially not in dispute.

On December 19, 1994, the Defendant, Woodyard Auto Sales, Inc., sold aused 1994 Ford “F-350” pickup truck to William Newsome, the ITiird-Party Defendant. In order to finance this transaction,…