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EMMONS v. LeMASTER, INC.

No. 84,164.

27 Kan. App.2d 940 (2000)

10 P.3d 33

CHERYL M. EMMONS, Appellant, v. LeMASTER, INC., and CHARLES A. LEMASTER, Appellees.

Court of Appeals of Kansas.

Opinion filed August 11, 2000.

Attorney(s) appearing for the Case

Darrell Smith, of Olathe, for appellant.

Stephen J. Smith, of Coombs, Hull & Smith, L.L.C., of Burlington, for appellees.

GREEN, P.J., GERNON, J., and PHILIP C. VIEUX, District Judge, assigned.

GREEN J.:

Cheryl M. Emmons and LeMaster, Inc., through its president, Charles A. LeMaster, entered into a written agreement giving LeMaster an exclusive option to purchase Emmons' airplane if she defaulted on repayment of a loan from LeMaster. The trial court originally found that this transaction was not a secured transaction governed by K.S.A. 84-9-201 et seq. The Court of Appeals disagreed, determining that the agreement between the parties was a security...

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