PEOPLE'S BANK v. PIONEER FOOD INDUSTRIES, INC.

No. 5-6012.

486 S.W.2d 24 (1972)

The PEOPLE'S BANK, Appellant, v. PIONEER FOOD INDUSTRIES, INC., and Alice-Sidney Dryer and Seed Co., Appellees and Cross-Appellants.

Supreme Court of Arkansas.

October 16, 1972.


Attorney(s) appearing for the Case

Arnold, Hamilton & Streetman, Hamburg, for appellant.

George E. Pike, DeWitt, David F. Gillison, Jr., Lake Village, Keith, Clegg & Eckert, Magnolia, for appellees.


HOLT, Justice.

The principal issue on this appeal is whether the crop description in a combined Financing Statement and Security Agreement is sufficient to put a third party on notice pursuant to our Uniform Commercial Code.

The appellant bank loaned Dewey Beavers $40,000 to finance his 1969 crops. As part of the security for this loan, Beavers gave the bank a security interest in all the crops grown by him in Chicot and Ashley Counties. The combined Financing...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases