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NATIONAL LIVESTOCK CREDIT CORP. v. FIRST STATE BANK

No. 44744.

503 P.2d 1283 (1972)

NATIONAL LIVESTOCK CREDIT CORPORATION, Appellant, v. FIRST STATE BANK OF HARRAH, Oklahoma, and Floyd Oxford, Appellees.

Court of Appeals of Oklahoma, Division No. 2.

Rehearing Denied November 1, 1972.

Certiorari Denied December 5, 1972.

Attorney(s) appearing for the Case

William G. Davisson, Ardmore, and Clarence P. Green, Green & James, Oklahoma City, for appellant.

John C. Harrington, Jr., Lytle, Soule & Emery, Oklahoma City, for appellee First State Bank, Harrah, Okl.

Leslie L. Conner, James M. Little, and Leslie L. Conner, Jr., Conner, Little & Conner, Oklahoma City, for appellee Floyd Oxford.

BACON, Judge.

This appeal involves an action wherein two parties claim security interest in cattle and proceeds obtained by selling same. One party held a security agreement upon the specific cattle and the other party claimed it had a prior security interest in the cattle as a result of the "after-acquired property" provision in their security agreement on other cattle.

The record reflects one Bill Rowlett owned and operated a feed lot in Oklahoma County...

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