SECURITY BANK OF OREGON v. LEVENS


480 P.2d 706 (1971)

SECURITY BANK OF OREGON, an Oregon Corporation, Appellant, v. George A. LEVENS, Dba Northwest Marine Brokers, Respondent.

Supreme Court of Oregon, Department 1.

Decided February 18, 1971.


Attorney(s) appearing for the Case

Fred B. Miller, Portland, argued the cause for appellant. With him on the briefs were Black, Kendall, Tremaine, Boothe & Higgins, Portland.

John J. Haugh, Portland, argued the cause for respondent. With him on the brief were Pozzi, Wilson & Atchison, Portland.

Before O'CONNELL, C.J., and McALLISTER, HOLMAN, and HOWELL, JJ.


McALLISTER, Justice.

This is an action to enforce a security interest in the proceeds of the sale of the yacht Lolita. The defendant demurred on the ground that the complaint failed to state a cause of action. The trial court sustained the demurrer and when plaintiff failed to further plead dismissed the action. Plaintiff appeals.

The following facts are alleged in the complaint. On July 23, 1968, the plaintiff loaned David G. Russell and his wife $18,376...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases