WILDMAN STORES v. CARLISLE DISTRIBUTING CO.

No. CA 84-377.

688 S.W.2d 748 (1985)

15 Ark.App. 11

WILDMAN STORES, INC., Appellant, v. CARLISLE DISTRIBUTING CO., INC., and Diane Carlisle, Personal Representative of the Estate of John Carlisle, Appellees.

Court of Appeals of Arkansas, Division I.

May 1, 1985.


Attorney(s) appearing for the Case

R. David Lewis, Little Rock, for appellant.

Joel C. Cole, North Little Rock, for appellees.


COOPER, Judge.

Carlisle Distributing Co., Inc. delivered a check in the amount of $10,000.00 to William Paladino, who pledged the check to the appellant as security for an $8,000.00 loan (which was later repaid in full). Subsequently, the appellant delivered to Paladino a check for $8,200.00, who endorsed it over to John Carlisle in payment of past indebtednesses. Some 17 months later the appellant attempted to negotiate the $10,000.00 check, but the payor bank dishonored...

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