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FIRST NAT. BANK, MARTINSVILLE v. CRONE

No. 1-273A32.

301 N.E.2d 378 (1973)

FIRST NATIONAL BANK, Martinsville, Martinsville, Indiana, Defendant-Appellant, v. Harmon CRONE and Freddie Brown, Plaintiffs-Appellees, Mary F. Johnson and Stanford E. Johnson, Defendants-Appellees.

Court of Appeals of Indiana, First District.

September 26, 1973.

Attorney(s) appearing for the Case

Edwin S. Sedwick, Wehrle & Sedwick, Martinsville, Robert E. Robinson, Indianapolis, for defendant-appellant.

Samuel J. Kagan, Kagan & Barker, Martinsville, for Crone and Brown.

James E. Harris, Martinsville, for Mary F. Johnson and Stanford E. Johnson.

ROBERTSON, Presiding Judge.

Two issues are raised in this appeal by the defendant-appellant Bank (Bank). One is whether the plaintiff-appellees Crone and Brown are buyers in the ordinary course of business as defined by the Uniform Commercial Code, and the other is if the trial court's judgment against defendant-appellee Stanford Johnson is legally sufficient.

The facts giving rise to this appeal are as follows: defendant-appellee Stanford Johnson made arrangements...

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