Brever v. State Bank of Young America (In re Kohls)

MEMORANDUM ORDER

ROBERT J. KRESSEL, Chief Judge.

This proceeding came on for trial on June 2, 1987, to determine the validity of the State Bank of Young America’s security interest in certain patronage credits. Arthur C. Benson appeared for the trustee, and Robert A. Nicklaus appeared for the bank. This court has jurisdiction pursuant to 28 U.S.C. §§ 157 and 1334, and Local Rule 103(b). This is a core proceeding under 28 U.S.C. § 157(b)(2)(E) and (0). Based on the stipulated facts, memoranda of counsel, and the file of this proceeding, I make the following:

I

James and Christine Kohls operated a…