In Re Garrett O. Driscoll & Associates, Inc.

DECISION ON MOTION FOR RELIEF FROM STAY OF THE FIRST NATIONAL BANK OF BOSTON

WILLIAM C. HILLMAN, Bankruptcy Judge.

The First National Bank of Boston (“Bank”) provided a series of business loans to Debtor. It alleges that it holds a valid and perfected blanket security interest in all of the assets of Garrett 0. Dris-coll & Associates, Inc. (“Debtor”).

The Chapter 7 Trustee objects to the motion, challenging the perfection of the Bank’s interest.

The following discussion constitutes the Court’s findings of fact and conclusions of law.

Examination of the documents reveals that on November 30, 1987,…