Babson Credit Plan, Inc. v. Cordele Production Credit Ass'n

Quillian, Presiding Judge.

This is an appeal by an intervenor, Babson Credit Plan, Incorporated, in a foreclosure action by Cordele Production Credit Association against a debtor, the Vienna Dairy of Vienna, Georgia. The principal issue at trial was the priority of security interests of the intervenor, whose assignor sold milking equipment to the Vienna Dairy which was then affixed to the realty, and Cordele — who held a prior deed to secure debt on the same realty, and also held a collateral security agreement on the dairy’s cattle, milking equipment, and any similar after-acquired property.…