LONOKE PRODUCTION CREDIT ASS'N v. BOHANNON

No. 5-3271.

379 S.W.2d 17 (1964)

LONOKE PRODUCTION CREDIT ASS'N, Appellant, v. Charles BOHANNON et al., Appellees.

Supreme Court of Arkansas.

May 25, 1964.


Attorney(s) appearing for the Case

Chas. A. Walls, Jr., Lonoke, for appellant.

James E. Dodds, Beebe, for appellees.


HOLT, Justice.

This appeal involves the application of our Uniform Commercial Code. The first issue presented relates to the competing claims of appellant and the appellee, Raymond W. Strange.

On August 22, 1962, Charles Bohannon and his wife purchased some used farm machinery from a neighboring farmer, appellee Strange, giving a chattel mortgage with power of sale to secure the purchase price of $750.00 as evidenced by their note. The Bohannons took possession...

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