Trust Co. Bank v. Johnson

Webb, Judge.

Woodrow Buddy Johnson on October 4, 1976 executed and delivered to Trust Company Bank a three-year installment note for $6,112.07, and a bill of sale security instrument by which he conveyed as collateral a 1976 Lincoln Mark IV Continental 2-door coupe. On or about February 7,1977 Johnson died. At the request of Johnson’s widow the bank on or about F ebruary 20 took possession of the automobile in New York City to protect its interest. Thereafter in May the bank attempted to sell the vehicle under the security instrument in order to recover its money. Upon application of Josie…