WOMACK v. FIRST STATE BANK

No. CA 86-277.

728 S.W.2d 194 (1987)

21 Ark.App. 33

Ray WOMACK, Appellant, v. FIRST STATE BANK OF CALICO ROCK, Appellee.

Court of Appeals of Arkansas, Division I.

April 22, 1987.


Attorney(s) appearing for the Case

Hilburn, Bethune, Calhoun, Harper & Pruniski, N. Little Rock by Greg Stephens, Gary Vinson, Batesville, for appellant.

Barrett, Wheatley, Smith & Deacon by John V. Phelps, Jonesboro, for appellee.


MAYFIELD, Judge.

This is an appeal from a deficiency judgment of $16,384.80 entered against appellant Ray Womack. On January 13, 1984, appellant's son, Coy Womack, obtained a $31,301.00 loan from appellee First State Bank of Calico Rock (Bank). As security for the loan, he pledged a used 1974 Wilson trailer, a used 1973 White truck, a used 1974 Challenger mobile home, and another used 1974 Wilson trailer. Appellant Ray Womack also signed the note. Subsequently, the...

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