NELSON v. COTHAM

No. CA 79-94.

595 S.W.2d 693 (1980)

Leroy NELSON and Avery Nelson, Appellants, v. Ralph COTHAM, Jr., Appellee.

Court of Appeals of Arkansas.

Review Denied March 19, 1980.

Released for Publication March 26, 1980.


Attorney(s) appearing for the Case

Gannaway, Darrow & Henshaw, Little Rock, for appellants.

Rose, Nash, Williamson, Carroll, Clay & Giroir by George E. Campbell and M. Jane Dickey, Little Rock, for appellee.


Released for Publication by the Court of Appeals March 26, 1980.

PILKINTON, Judge.

This litigation calls for a determination of whether, under the facts of the case, a person signing a negotiable instrument is an accommodation party under the Uniform Commercial Code, and is entitled to foreclose a lien upon the affected real property. The chancellor held for the alleged accommodation endorser, determined the amount of the disputed balance, and ordered foreclosure...

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