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CENTRAL STATE BANK v. ALBRIGHT

No. 59,348

12 Kan. App. 2d 175 (1987)

737 P.2d 65

CENTRAL STATE BANK, Appellee, v. BRUCE W. ALBRIGHT, Appellant.

Court of Appeals of Kansas.

Opinion filed May 21, 1987.

Attorney(s) appearing for the Case

Michael B. Myers, of Hiatt & Carpenter, Chartered, of Topeka, for the appellant.

Thomas A. Dower and Patricia Rose Myers, of Reynolds, Peirce, Forker, Suter, O'Neal & Myers, of Hutchinson, for the appellee.

Before MEYER, P.J., REES and PARKS, JJ.

PARKS, J.:

Plaintiff, Central State Bank (Bank), brought this action to foreclose on five shares of stock in a professional corporation which it held as security on a loan made to defendant, Bruce W. Albright. Both parties moved for summary judgment and the Bank's motion was granted. Defendant Albright appeals.

In 1969, Dr. H.B. Thompson incorporated his dental practice under the name H.B. Thompson, D.D.S., Chartered. In 1982, Thompson entered into an agreement...

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