Marco Technology Corp. v. Reynolds

This is an appeal from a final order dismissing with prejudice a proceeding supplementary to execution. We affirm.

On July 26, 1980 and January 28, 1981, New Haven Sugar executed and delivered to Southwest Florida Production Credit Association (PCA) certain mortgages on real property and on various items of farm machinery as collateral. These items are referred to as “the 1981 machinery.”

In March of 1982, New Haven purchased rice packing machinery from appellant Marco Technology Corporation (Marco). This machinery is referred to as “the 1982 machinery.” After New Haven defaulted on its…