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D.W. JAQUAYS & CO. v. FIRST SECURITY BANK

No. 8035.

101 Ariz. 301 (1966)

419 P.2d 85

D.W. JAQUAYS & CO., an Arizona corporation, Appellant, v. FIRST SECURITY BANK, an Arizona banking corporation, Appellee.

Supreme Court of Arizona. In Banc.

Rehearing Denied November 15, 1966.

Attorney(s) appearing for the Case

Lovell B. Lieurance, Phoenix, for appellant.

Johnson, Shelley, Roberts & Riggs, Mesa, for appellee.

UDALL, Justice.

This is an appeal from an award of a summary judgment to the plaintiff, First Security Bank (hereinafter referred to as plaintiff).

On July 25, 1961 the defendant (D.W. Jaquays & Company) sold and delivered to Mesa Steel and Manufacturing Company one air compressor, on a conditional sales contract. Subsequent to the execution and delivery of the contract, defendant assigned and transferred to the Valley National Bank all of its right, title...

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