Brown v. Founders Bank and Trust Co.

890 P.2d 855, 1994 WL 666141
CourtSupreme Court of Oklahoma
DecidedDecember 15, 1994
Docket80346
StatusPublished
Cited by45 cases

This text of 890 P.2d 855 (Brown v. Founders Bank and Trust Co.) is published on Counsel Stack Legal Research, covering Supreme Court of Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Brown v. Founders Bank and Trust Co., 890 P.2d 855, 1994 WL 666141 (Okla. 1994).

Opinion

KAUGER, Judge:

Three issues are presented: 1) whether, on appeal, a party must contest the procedural aspects of a motion to dismiss with prejudice for failure to state a claim upon which relief may be granted to preserve substantive issues for review; 2) whether the requirement of 15 O.S.1991 § 140 1 that credit agreements in excess of $15,000.00 be in writing will bar a cause of action for fraud; and 3) whether the alleged facts may be sufficient to support a finding of a violation of the Bank Tying Act (Tying Act), 12 U.S.C. § 1971 (1989) et seq. *859 We find that: 1) an order dismissing a cause ■with prejudice entered pursuant to 12 O.S. 1991 § 2012(G) 2 constitutes a final appeal-able order from which the merits of the substantive claim for relief may be reviewed; 2) the requirement of 15 O.S.1991 § 140 that credit agreements in excess of $15,000.00 be in writing will not bar a cause of action for fraud; and 3) allegations that a violation of 12 U.S.C. § 1972 (1989) 3 resulted in damage to the borrower coupled with a claim for relief are sufficient to satisfy the pleading requirements of 12 O.S.1991 § 2008(A). 4

ALLEGED FACTS 5

This action arises from an agreement entered in 1990 to construct a truck stop in Oklahoma City. After managing a successful truck stop and restaurant (original location) for twenty-four years, the appellant, Jerry D. Brown (Brown/borrower), entered an agreement with Terry and Gary Spencer (Spenc-ers) to create 1-35 Truck Stop, Inc. The Spencers contacted Brown before August, 1990; and they advised him that the appellee, Founders Bank & Trust Company (Founders/bank/lender), was interested in developing a truck stop at N.E. 120th and 1-35 (new location). Although Founders dictated the location of the proposed truck stop, the bank did not disclose that it owned the property targeted for development.

The Spencers and Brown contracted for the construction, funding and management for the proposed truck stop; and a loan agreement was finalized with Founders. As a condition of the loan, Founders required that Brown assign all the inventory, the accounts receivable and the assets of the original location to the new business. Additionally, the bank demanded that Brown guarantee two promissory notes in the amount of $1,784,000.00. Founders also required that the loan be assigned or guaranteed by the Small Business Administration. As a further condition to the loan, Brown was required to keep his original truck stop in operation during construction of the N.E. 120th location.

A number of problems arose during construction. Brown alleges that Founders induced him to continue with the construction project through oral misrepresentations. He contends that the bank promised that: 1) it would provide additional financing once the small business loan was in place; 2) it would not require strict adherence to the repayment schedule during the first year; and 3) it would assist in funding the operation of Brown’s original truck stop and with the new location. Brown insists that the bank’s representations were not fulfilled. He asserts that Founders did not advance funds guaranteed for the construction of a restaurant at *860 the new facility and that inadequate working capítol for both locations was provided. He also contends that Founders failed to pay creditors pursuant to a line of credit. Brown maintains that Founders insisted on the continued operation of his original truck stop and that he would not have incurred over $700,000.00 in debt in association with the operation absent Founder’s promises. When the new location was forced to close for lack of funds and operating capítol, Brown lost his entire interest. However, because of the guaranteed small business loan, Founders’ was not adversely affected by the closing.

Founder’s filed a motion to dismiss Brown’s original petition for failure to state a claim upon which relief can be granted pursuant to 12 O.S.1991 § 2012(G). 6 The motion to dismiss was sustained on June 9,1992, and Brown was given until June 26,1992, to file a second amended petition. An extension was granted ex parte; and Brown was allowed until July 28 to file. He did not do so until July 29, 1992.

The trial court sustained Founders’ § 2012(G) motion to dismiss on August 28, 1992; and the journal entry of judgment was filed on September 18, 1992. The judgment indicates that the cause was dismissed for its failure to state a claim upon which relief may be granted rather than because the second amended petition was filed one day out of time. 7 The Court of Appeals affirmed. It held that Brown waived any opportunity to address the substantive issues of his appeal by not addressing the issue of the propriety of the dismissal either in his petition in error or in his brief. We granted certiorari on March 4, 1994.

I.

AN ORDER DISMISSING A CAUSE WITH PREJUDICE ENTERED PURSUANT TO 12 O.S.1991 § 2012(G) CONSTITUTES A FINAL APPEAL-ABLE ORDER FROM WHICH THE MERITS OF THE SUBSTANTIVE CLAIM FOR RELIEF MAY BE REVIEWED.

Brown argues that his failure to address the procedural matters associated with the trial court’s dismissal with prejudice is not prejudicial to a consideration of the merits of his cause. Instead, he insists that the dismissal of his cause for failure to state a claim upon which relief may be granted with prejudice pursuant to 12 O.S.1991 § 2012(G) 8 provides the opportunity for the appeal of a final judgment. Founders asserts that Brown’s failure to challenge the dismissal limits authority on appeal to consider the substantive issues of the instant cause. We disagree. The dismissal merely constitutes a final appealable order from which the merits of the substantive claim for relief may be reviewed.

The issue presented is what effect the dismissal had on the consideration of the substantive issues presented. When the trial court granted Founders’ initial motion to dismiss with leave to amend, Brown could not have appealed on the merits of his claim. Such an order is interlocutory; it is not a final judgment. The order may ripen into a final judgment upon the motion of an adverse party if the pleading is not amended within the time set by the trial court. 9 A motion to *861 dismiss for failure to state a claim upon which relief can be granted may not be sustained unless it appears without doubt that the plaintiff can prove no set of facts in support of the claim entitling relief. 10

Free access — add to your briefcase to read the full text and ask questions with AI

Related

SANDERS v. TURN KEY HEALTH CLINICS
2025 OK 19 (Supreme Court of Oklahoma, 2025)
County Bank v. Shalla
Court of Appeals of Iowa, 2024
HOLLAND v. ROBERTS
2024 OK CIV APP 6 (Court of Civil Appeals of Oklahoma, 2024)
HARWOOD v. ARDAGH GROUP
2022 OK 51 (Supreme Court of Oklahoma, 2022)
BEASON v. I. E. MILLER SERVICES, INC.
2019 OK 28 (Supreme Court of Oklahoma, 2019)
ONLINE OIL, INC. v. CO&G PRODUCTION GROUP, LLC
2018 OK CIV APP 1 (Court of Civil Appeals of Oklahoma, 2017)
Musket Corporation v. Star Fuel of Oklahoma
606 F. App'x 439 (Tenth Circuit, 2015)
IN RE: AMENDMENTS TO THE OKLAHOMA UNIFORM JURY INSTRUCTIONS
2014 OK 17 (Supreme Court of Oklahoma, 2014)
Jordan v. Western Farmers Electric Cooperative
2012 OK 94 (Supreme Court of Oklahoma, 2012)
Oil v. Riemer
2011 ND 22 (North Dakota Supreme Court, 2011)
Sorenson v. Felton
2011 ND 33 (North Dakota Supreme Court, 2011)
Pease v. Wachovia SBA Lending, Inc.
6 A.3d 867 (Court of Appeals of Maryland, 2010)
Bowman v. Presley
2009 OK 48 (Supreme Court of Oklahoma, 2009)
DCR Fund I, LLC v. TS Family Ltd. Partnership
261 F. App'x 139 (Tenth Circuit, 2008)
Toma v. Toma
2007 OK 52 (Supreme Court of Oklahoma, 2007)
Walker v. First National Bank of Medicine Lodge
129 F. App'x 411 (Tenth Circuit, 2005)
Utica Mutual Insurance v. Vigo Coal Co.
393 F.3d 707 (Seventh Circuit, 2004)
Rogers v. Meiser
2003 OK 6 (Supreme Court of Oklahoma, 2003)

Cite This Page — Counsel Stack

Bluebook (online)
890 P.2d 855, 1994 WL 666141, Counsel Stack Legal Research, https://law.counselstack.com/opinion/brown-v-founders-bank-and-trust-co-okla-1994.