Legal Opinion
First Mustang State Bank v. Garland Bloodworth, Inc.
Supreme Court of Oklahoma
Decided January 14, 1992No. 70084PublishedCited by 10 opinions
1Opinion of the Court
SUMMERS, Justice:
Don Brown (Seller) owned land on which First Mustang State Bank (First Mustang) held a mortgage and note for $35,000.00. On August 12, 1985, Brown entered into a contract for the sale of this particular property with the partners of Gerónimo Properties (Buyer). The sale price was $135,-000.00. It is this realty, which we will call “Property A,” that is the subject of the present appeal.
Seller also owned other realty on which First Mustang and Brookwood Bank (Brookwood) held mortgages. As used here, “Banks” will refer to these two banks. In March 1985, First Mustang and…
2Cases cited23 opinions
- Freeborn v. Seattle Trust & Savings BankWashington Supreme Court · 1980
- Coursey v. FairchildSupreme Court of Oklahoma · 1967
- Security Bank v. ChiapuzioOregon Supreme Court · 1987
- First Security Bank of Idaho, Nat. Ass'n v. RogersIdaho Supreme Court · 1967
- Security State Bank v. LuebkeOregon Supreme Court · 1987
18 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Glover v. CornishSupreme Court of Oklahoma · 2016
- DPW Employees Credit Union v. Tinker Federal Credit UnionCourt of Civil Appeals of Oklahoma · 1996
- Discover Bank ex rel. SA Discover Finance Service, L.L.C. v. CoxCourt of Civil Appeals of Oklahoma · 2008
- Pflueger v. Effective Secretarial Services, Inc.Court of Appeals for the Tenth Circuit · 1998
- Rice v. American Communications Consultants of North America, Inc.Court of Civil Appeals of Oklahoma · 2001
5 more not listed; retrieve them via the Exa API.