Supreme Court of Oklahoma
Grigg v. Federal Deposit Ins. Corp.
May 5, 1953208 Okla. 419
Summary
The court affirmed judgment for the FDIC in its replevin action based on a $5,000 note and chattel mortgage, holding that the trial court made sufficient findings on the material issues and that competent evidence supported the judgment. The court also held that the trial court properly rejected requests concerning immaterial earlier transactions and did not err in limiting the evidence or crediting evidence supporting execution and nonpayment.
Holding
- Adequacy of findings concerning earlier transactions. The trial court was not required to make special findings on earlier transactions that were immaterial to the controlling issues because it adequately found that the disputed note and mortgage were genuine, supported by consideration, and unpaid.
- Sufficiency of the evidence supporting the judgment. Because the case was tried to the court after waiver of a jury, the judgment had the same effect as a properly supported jury verdict and could not be disturbed when supported by any competent evidence.
- Exclusion of evidence and credibility-related findings. The trial court did not err in excluding evidence unrelated to the material questions or in finding that the defendant executed the instruments, that they had not been altered, and that the principal remained unpaid.
Docket 35047