OAKLAWN BANK v. ALFORD

No. CA 92-729.

845 S.W.2d 22 (1993)

40 Ark.App. 200

OAKLAWN BANK, Appellant, v. Spencer D. ALFORD, Appellee.

Court of Appeals of Arkansas, Division I.

January 20, 1993.


Attorney(s) appearing for the Case

Donald B. Friedman, Texarkana, for appellant.

Spencer D. Alford, pro se.


MAYFIELD, Judge.

This appeal follows the successful assertion of the statute of limitations by appellee, Spencer Alford, in an action brought against him by appellant, Oaklawn Bank, for a deficiency judgment following the repossession and sale of collateral securing a promissory note.

On July 1, 1985, appellee signed a note in the amount of $11,655.36 to Oaklawn Bank in order to finance the purchase of a 1985 Jeep. The note provided that appellee would make...

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