UNITED STATES FIDELITY & GUARANTY COMPANY v. WELLS

No. 5-4794.

437 S.W.2d 797 (1969)

UNITED STATES FIDELITY & GUARANTY COMPANY, Appellant, v. Conrad J. WELLS, Appellee.

Supreme Court of Arkansas.

March 3, 1969.


Attorney(s) appearing for the Case

Gannaway & Darrow, Little Rock, for appellant.

Guy H. Jones and Phil Stratton, Conway, for appellee.


FOGLEMAN, Justice.

This case involves the liability of appellee upon a promissory note executed by him on December 21, 1959. The principal question involved is whether appellant who sued on the note was entitled to a directed verdict as a holder who had all the rights of a holder in due course. Since we agree with appellant on this point, it is unnecessary that we consider any of the other points raised.

Appellee Wells purchased a bulldozer from Kern-Limerick...

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