Wall Investment Co. v. Garden Gate Distributing, Inc.

HALL, Justice:

This action for conversion arose when appellant Garden Gate Distributing, Inc. (“Garden ’), having obtained a money judgment against one Donald L. Zimmerman, a dealer in floor coverings and other home furnishings, proceeded under writ of execution on February 6, 1976, to seize Zimmerman’s floor covering inventory. The seized inventory was then the subject of a “chattel mortgage” in favor of respondent Wall Investment Company (“Wallco”). The mortgage had been filed with the Secretary of State in compliance with the Uniform Commercial Code. 1

On the date of the mortgage and until…