American Pulverizer Co. v. Cantrell

DUNN, Judge.

This appeal is from the Magoffin Circuit Court Judgment which determined that ap-pellees’, the Cantrells’ and the Salyers’, so called liens on certain personal property were superior to that of the security interest of the appellant American Pulverizer Company in the same personal property. We reverse and remand.

This appeal arises from a dispute over the priority of the proceeds of the sale of equipment for a coal tipple located at a rail site. As a part of this rail site a coal washing and preparation plant was constructed on real estate owned by appellees at one time.

The…