Staley v. PHELAN FINANCE CORPORATION

Where, upon the trial of a claim to a 1957 model automobile levied upon under the foreclosure of a bill of sale to secure debt, it appeared that the plaintiff had recorded its lien with the clerk of the superior court of the county wherein the automobile was located by filing with the clerk a financing statement as required by the provisions of Article 9 of the Uniform Commercial Code (Code Ann. Ch. 109A-9) and where it appeared that the claimant’s assignor holding a lien of a prior date had filed its notice of lien or security interest, Form No. T. 3 under the Motor Vehicle Certificate of…