BARR v. WHITE OAK STATE BANK

No. 12-82-0139-CV.

677 S.W.2d 707 (1984)

Michael E. BARR and Judy M. Barr, Appellants, v. WHITE OAK STATE BANK, Appellee.

Court of Appeals of Texas, Tyler.

Rehearing Denied October 4, 1984.


Attorney(s) appearing for the Case

Mark Strachan, Longview, for appellants.

Steve McDaniel, Longview, for appellee.


McKAY, Justice.

This is an appeal from a judgment rendered upon a directed verdict in a suit for conversion and wrongful disposition of collateral in violation of Chapter 9 of the Texas Business and Commerce Code. The question in this case involves the priority between secured creditors who hold a security interest in the same collateral.

The record shows that on December 3, 1975, L.E. Fowler, d/b/a White Oak Lawn & Garden Center, executed a promissory...

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