Thompson v. Hartford Acc. & Indem. Co.

This is a declaratory judgment action.

The circumstances from which it arises are as follows: Leroy Dean bought a vehicle from Scott Langley for use in the pulpwood business. A bill of sale evidencing the transfer was prepared. Langley took a mortgage on the vehicle and filed a UCC-1 financing statement. Several months later, Dean decided to quit the pulpwood business and sell his truck.

William Scott Veasley and Dean discussed the possibility of Veasley's acquiring the truck and taking over the pulpwood business. Veasley subsequently approached Langley to inquire about the possibility of his…