Jones v. Bank of Pine Bluff
Supreme Court of Arkansas
Appeal from Jefferson Circuit Court; Antonio B. Grace, Judge; The probate court should have required the creditor holding a secured claim to exhaust his security before allowing his claim against the estate. 25 Ark. 163; 59 Ark. 560.
1Opinion of the CourtBattle, J.
On December 31, 1903, the Southern Mercantile Company of Pine- Bluff executed to the Bank of Pine Bluff its four promissory notes for amounts aggregating the sum of $9,537, and on June 6, 1904, executed another note to the same party for $5,000, all of which bear interest at the rate of ten per centum per annum from date until paid. Before delivery to the payee they were indorsed by Ferd Havis and Wiley Jones. On the seventh day of December, 1904, Wiley Jones died, and James Jones was duly appointed administrator of his estate, and qualified as such. On the 20th day of January, 1905, the…
2Cases cited1 opinion
- Nathan v. SloanSupreme Court of Arkansas · 1879
3Cited by2 opinions
- Kissire v. Plunkett-Jarrell Grocer Co.Supreme Court of Arkansas · 1912
- Porter v. HuieSupreme Court of Arkansas · 1910