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DAVIDSON v. FIRST BANK & TRUST CO., YALE

No. 48647.

559 P.2d 1228 (1976)

Cecil DAVIDSON, d/b/a Professional Marble Company, Appellee, v. FIRST BANK AND TRUST COMPANY, YALE, Oklahoma and Hugh Jones, Appellants.

Supreme Court of Oklahoma.

Opinion Modified, Rehearing Denied February 7, 1977.

Attorney(s) appearing for the Case

Thomas, Hert & Anderson, Stillwater, for appellee.

D. Warren Crisjohn, Yale, for appellants.

DOOLIN, Justice.

This is a suit against First Bank and Trust Company, Yale, Oklahoma and Hugh Jones its president, hereinafter referred to collectively as Bank. The problem involves an appeal from a $20,000 punitive damage award against Bank for conversion of marble making equipment repossessed by self-help under provisions of the Uniform Commercial Code, 12A O.S. 1971 § 9-503.

A debtor-creditor relationship...

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