Hicks v. First National Bank of Montgomery

In the Circuit Court of Montgomery County, Cleveland Hicks, holding a landlord’s lien, filed suit to procure a writ of attachment against a certain Muntz stereo record player and other personal property of his tenant, John W. Featheringham. Appellee, The First National Bank of Montgomery, having financed the purchase of the record player and having what it believed to be a valid security interest in it, filed a statutory claim suit to establish its priority to the property. As required by statute, appellee-bank posted bond upon entering the suit, conditioned that if it lost it would pay…