First Missouri Bank & Trust Co. of Creve Coeur v. Newman

REINHARD, Chief Judge.

Plaintiff First Missouri Bank and Trust Company brought suit against defendants Joseph and Patricia Newman in seven counts, seeking recovery on various delinquent notes and overdrawn accounts. The case was tried without a jury, and judgment was entered against defendants on all seven counts. Defendant Joseph Newman 1 appeals from the judgment on four of the counts, all of which were based on secured promissory notes. We reverse and remand for a new trial on these four counts.

In 1975 and 1976, defendant entered into four financing agreements with plaintiff bank. Each of…