[DOWNLOAD] "Coe, Administratrix v. First National Bank & Trust Co." by Supreme Court of Kansas " Book PDF Kindle ePub Free

July 27, 2021

eBook details

Title: Coe, Administratrix v. First National Bank & Trust Co.
Author : Supreme Court of Kansas
Release Date : January 10, 1976
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 68 KB

Description

The opinion of the court was delivered by This is an appeal from a summary judgment in favor of the defendant. We affirm. The undisputed facts may be briefly summarized. Max Coe, and Alice M. Coe, his wife, intended to remodel their home and, on several occasions, talked with Mr. Grove of the First National Bank & Trust Company in Larned, Kansas, about borrowing $4,000 to finance the remodeling. A promissory note, security agreement and mortgage dated May 6, 1972, were prepared by the bank. On May 12, 1972, Max Coe and his wife went to the bank, examined these documents and signed them in the presence of Lola Mae Gilkison, a bank employee. Max Coe signed the portion of the promissory note indicating that he desired credit life insurance. Mrs. Gilkison then started to prepare a deposit slip to deposit the loan proceeds of $4,000 into the Coes' joint bank account. Before she could complete the deposit, Max Coe stated, ""don't advance any proceeds,"" and instructed her not to do anything until