THOMAS v. INTERNATIONAL HARVESTER CREDIT CORP.

No. CA 81-384.

636 S.W.2d 296 (1982)

Joe THOMAS, Appellant, v. INTERNATIONAL HARVESTER CREDIT CORPORATION and Carco International, Inc., Appellees.

Court of Appeals of Arkansas.

Rehearing Denied August 18, 1982.


Attorney(s) appearing for the Case

Walters, Davis & Cox by Hal W. Davis, Fort Smith, for appellant.

Owens, McHaney & Calhoun by James M. McHaney, Little Rock, for Intern. Harvester Credit Corp.

Hardin, Jesson & Dawson by Rex M. Terry, Fort Smith, for Carco Intern.


MAYFIELD, Chief Judge.

This case involves the Uniform Commercial Code's provision about a secured party's right to dispose of collateral after default.

In 1978 the appellant, Joe Thomas, bought four items of equipment from the appellee, Carco International, Inc., an International Harvester franchise dealer in Fort Smith. Three items, a bulldozer, a dump truck, and a backhoeloader, were financed by security agreements which were assigned by Carco to the other...

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