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WARD v. WORTHEN BANK & TRUST CO.

No. 84-150.

681 S.W.2d 365 (1984)

284 Ark. 355

Seth WARD and Sentry Sales & Service, Inc., Appellants, v. WORTHEN BANK & TRUST COMPANY, N.A., Appellee.

Supreme Court of Arkansas.

Rehearing Denied January 28, 1985.

Attorney(s) appearing for the Case

Barber, McCaskill, Amsler, Jones & Hale, Little Rock, for appellants.

Allen, Cabe & Lester, Little Rock, for appellee.

WILLIAM A. ECKERT, Special Chief Justice.

Prior to March 8, 1980, appellee Worthen Bank made six unsecured installment loans to appellant Ward, the loans being in connection with appellants' Datsun dealership. In November, 1980, appellant sold the dealership to Bart Roach Datsun, Inc., the sales agreement providing that the purchaser assume liability for the balance owed on the promissory notes to appellee and a note to Union Bank. Appellee bank provided separate...

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