GOODE v. FIRST NATIONAL BANK OF CONWAY

No. CA 80-27.

600 S.W.2d 436 (1980)

N. E. GOODE, Jr., Appellant, v. FIRST NATIONAL BANK OF CONWAY, Arkansas, Appellee.

Court of Appeals of Arkansas.

June 11, 1980.


Attorney(s) appearing for the Case

Brazil & Roberts, Conway, for appellant.

Henry & Graddy by Larry E. Graddy, Conway, for appellee.


Released for Publication by the Court of Appeals.

HOWARD, Judge.

J. W. Douglas and Gloria Jean Douglas were indebted to N. E. Goode, Jr., in the sum of $7,066.76. Goode, however, agreed to accept $3,000.00 from proceeds to be derived from a scheduled sale of real property, owned by Douglas, in full satisfaction of his claim.

Appellee, who held a judgment representing a deficiency in the sale of an automobile and farm equipment which Douglas purchased...

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