Legal Opinion

In re Paul Scotton Contracting Co.

District Court, D. Delaware

Decided April 12, 1971No. BK No. 68-60Published

1Opinion of the Court

OPINION

STAPLETON, District Judge.

This matter is before me on a petition for review of an order of the Referee in Bankruptcy. The following are the primary facts found by the Referee which seems to me to be relevant to the disposition of this matter. They, as well as the other primary facts found by the Referee, are amply supported by the record.

On August 18, 1966, Paul Scotton Contracting Co. Inc., (“Scotton”) gave a chattel mortgage to the Farmers Bank of the State of Delaware (“Bank”) to secure a loan in the amount of One Hundred Five Thousand Dollars ($105,-000.00). The chattel mortgage…

2Cases cited11 opinions

  1. Ferris v. Chic-Mint Gum Co.Court of Chancery of Delaware · 1924
  2. Aultman, Miller & Co. v. SloanMichigan Supreme Court · 1897
  3. In the Matter of the ARBYCRAFT CO. Debtor. Appeal of Bornot DEHON, CreditorCourt of Appeals for the Third Circuit · 1961
  4. Stoeckle v. RosenheimCourt of Chancery of Delaware · 1913
  5. Atlas Lumber Co. v. Canadian-American Mortgage & Trust Co.North Dakota Supreme Court · 1917

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