Legal Opinion

Nelson v. Monarch Investment Plan of Henderson, Inc.

Court of Appeals of Kentucky (pre-1976)

Decided March 27, 1970PublishedCited by 44 opinions

1Opinion of the Court

CLAY, Commissioner.

This is a suit to recover a balance due on a note executed by defendant appellant, Jack Nelson, for the purchase of an automobile. The defendant counterclaimed for damages on the ground plaintiff ap-pellee had sold the purchased vehicle for less than its market value and had failed to give defendant notice of the sale as required by KRS 355.9-504. The trial judge gave plaintiff summary judgment after giving defendant proper credit, and dismissed the counterclaim.

Defendant purchased the automobile on April 20, 1965, and executed his promissory note in the amount of…

2Cases cited2 opinions

  1. Norton v. Nat. Bank of Commerce of Pine BluffSupreme Court of Arkansas · 1966
  2. Alliance Discount Corp. v. ShawSuperior Court of Pennsylvania · 1961

3Cited by44 opinions

  1. Hall v. Owen County State BankIndiana Court of Appeals · 1977
  2. Community Manage. Ass'n of Colorado Sp. v. TousleyColorado Court of Appeals · 1973
  3. Commercial Credit Corp. v. WollgastCourt of Appeals of Washington · 1974
  4. Grant County Tractor Co. v. NussCourt of Appeals of Washington · 1972
  5. Beneficial Finance Co. of Black Hawk County v. ReedSupreme Court of Iowa · 1973

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