Citizens State Bank of Nevada v. United States (In Re Frieze)

FINDINGS OF FACT, CONCLUSIONS OF LAW, AND FINAL JUDGMENT FOR THE UNITED STATES OF AMERICA

DENNIS J. STEWART, Bankruptcy Judge.

The plaintiff Citizens State Bank of Nevada, Missouri, filed its complaint in this action on April 20, 1983, seeking to have its claim of a security interest on some $9,088.94 in proceeds of beans declared superior to the claims of the other parties in it. In the complaint, it was alleged that “Defendant Ronald Culbertson delivered to Defendant Holcomb Grain a quantity of beans and sold them for the sum of $9,088.94”; that “Defendant Holcomb Grain Company is apparently…