Legal Opinion

National Bank & T. Co. of So. Bend v. Moody Ford

Indiana Court of Appeals

Decided October 12, 1971No. 1070A170PublishedCited by 13 opinions

1Opinion of the CourtHoffman, C. J.

The primary issue presented by this appeal is whether the interest of Brennan, as a stockholder, director and officer of a car dealership, who had personally advanced money for three new automobiles took priority over a secured creditor who had properly filed financing statements which included after-acquired property.

The essential facts in the record before us necessary to resolve this issue are as follows:

On January 24, 1969, The National Bank and Trust Company of South Bend (Bank) entered into a floor plan financing agreement with Moody Ford, Inc. At that time a security agreement and…

2Cases cited7 opinions

  1. Pokraka v. Lummus Co.Indiana Supreme Court · 1952
  2. Evans Products Co. v. JorgensenOregon Supreme Court · 1966
  3. Clay v. HamiltonIndiana Court of Appeals · 1945
  4. State Board of Tax Commissioners v. Associated Auto & Truck Rental, Inc.Indiana Court of Appeals · 1971
  5. Echterling v. JACK GRAY TRANSPORT, INC.Indiana Court of Appeals · 1971

2 more not listed; retrieve them via the Exa API.

3Cited by13 opinions

  1. Weldy v. KlineIndiana Court of Appeals · 1993
  2. Knox v. Phoenix Leasing Inc.California Court of Appeal · 1994
  3. B & P Lumber Co. v. First National Bank of AtlantaCourt of Appeals of Georgia · 1978
  4. House of Stainless, Inc. v. Marshall & Ilsley BankWisconsin Supreme Court · 1977
  5. Draper Bank and Trust Co. v. LawsonUtah Supreme Court · 1983

8 more not listed; retrieve them via the Exa API.

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