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BANK OF LAS VEGAS v. HOOPES

No. 5500.

445 P.2d 937 (1968)

BANK OF LAS VEGAS, a Nevada corporation, Appellant, v. J. Gordon HOOPES and William Werner, Respondents.

Supreme Court of Nevada.

October 22, 1968.

Attorney(s) appearing for the Case

Paul L. Larsen, Las Vegas, for appellant.

Calvin C. Magleby, Las Vegas, for respondents.

OPINION

THOMPSON, Chief Justice.

The district court granted summary judgment to the defendants, Hoopes and Werner, in an action brought by the Bank of Las Vegas to recover an amount alleged to be due upon an installment promissory note secured by a chattel mortgage. The Bank made no effort to exhaust its security before commencing suit. The district court judgment rests upon two grounds. First, that the Bank's action on the note was premature since it had...

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