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PEOPLES LOAN & INVESTMENT CO. v. KING

No. 4-9699.

247 S.W.2d 21 (1952)

PEOPLES LOAN & INVESTMENT CO. v. KING.

Supreme Court of Arkansas.

March 17, 1952.

Attorney(s) appearing for the Case

Harper, Harper & Young, Fort Smith, for appellant.

Franklin Wilder and Gutensohn & Ragon, Fort Smith, for appellee.

ROBINSON, Justice.

The issue of priority of liens on three automobiles is involved here. W. A. Head, who was engaged in operating taxicabs in Fort Smith, borrowed money from Thomas E. King to purchase taxicabs. (King is now dead and the case `has been revived in the name of the administrator of his estate.) The cabs became dilapidated and worn out to the extent that they could no longer be operated at a profit. Head borrowed additional money from King which he used...

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