ROADRUNNER MINING, ETC. v. BANK JOSEPHINE


548 S.W.2d 153 (1977)

ROADRUNNER MINING, ENGINEERING & DEVELOPMENT CO., INC., et al., Appellants, v. The BANK JOSEPHINE, a corporation, Appellee.

Court of Appeals of Kentucky.

Discretionary Review Granted March 30, 1977.


Attorney(s) appearing for the Case

Gary C. Johnson, W. Sidney Trivette, Pikeville, for appellants.

Joe Hobson, Prestonsburg, for appellee.

Before WHITE, WINTERSHEIMER and WILHOIT, JJ.


WHITE, Judge.

On November 24, 1975, the Bank Josephine instituted suit against the appellants to recover on five promissory notes dated January 18, 1975; March 4, 1975; March 17, 1975; May 23, 1975; and May 25, 1975, respectively. These notes were secured by a real estate mortgage covering property owned by the appellants. The Bank Josephine also had a secured interest in the coal mining equipment which was purchased with the loans. In its complaint the Bank Josephine...

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