SUNRIZON HOMES v. AMERICAN GUAR. INV.

No. 66684.

782 P.2d 103 (1988)

SUNRIZON HOMES, INC., d/b/a Apple Homes, Appellant, v. AMERICAN GUARANTY INVESTMENT CORPORATION and Continental Federal Savings and Loan Association, Appellees.

Supreme Court of Oklahoma.

Rehearing Denied June 27, 1989.

Opinion on Motion for Costs October 17, 1989.


Attorney(s) appearing for the Case

Kent L. Jones, Orval E. Jones, Tulsa, for appellant.

Terry P. Malloy, Tulsa, for appellees.


KAUGER, Justice.

The four issues presented are: (1) Whether an instrument lacking the words "pay to order or to bearer" is a negotiable instrument conferring holder in due course status on a party taking the document by assignment; (2) Whether the assignment of an installment sales contract to American Guaranty and the subsequent assignment to Continental Federal were separate instruments thus enabling the first assignment...

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