Leger Mill Co., Inc. v. Kleen-Leen, Inc.
Supreme Court of Oklahoma
1Opinion of the Court
SIMMS, Justice:
Bob Scarbrough ventured into the swine breeding business 1 in October, 1969. In February, 1971, the business failed and this appeal results from a dispute between certain of his creditors regarding their priority in the proceeds from the sale of the swine.
Two creditors, Kleen-Leen, Inc., and First State Bank of Altus (Bank) had perfected their security interests in the swine by filing under the Uniform Commercial Code. On February 19, 1971, with Scarbrough’s permission, they took possession of the 1094 remaining swine and sold them for $35,-384.82. Subsequently, they divided…
2Cases cited9 opinions
- Forrest Cate Ford, Inc. v. FryarCourt of Appeals of Tennessee · 1970
- BD. OF ED. OF BAYONNE v. KolmanNew Jersey Superior Court Appellate Division · 1970
- National Bank of Commerce v. McDanielSupreme Court of Oklahoma · 1918
- First National Bank of Mountain View v. WilsonSupreme Court of Oklahoma · 1915
- Cather v. SpencerSupreme Court of Oklahoma · 1916
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3Cited by19 opinions
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- The First National Bank and Trust Company of Oklahoma City, Plaintiff v. Iowa Beef Processors, Inc.Court of Appeals for the First Circuit · 1980
- American Bank & Trust Co. v. Jardine Insurance Services Texas, Inc.Court of Appeals for the Tenth Circuit · 1997
- Brazier Forest Products, Inc. v. Northern Transport, Inc.Washington Supreme Court · 1986
- Church Bros. Body Service, Inc. v. Merchants National Bank & Trust Co. of IndianapolisIndiana Court of Appeals · 1990
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