National Bank & T. Co. of So. Bend v. Moody Ford
Indiana Court of Appeals
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
- Pokraka v. Lummus Co.Indiana Supreme Court · 1952
- Evans Products Co. v. JorgensenOregon Supreme Court · 1966
- Clay v. HamiltonIndiana Court of Appeals · 1945
- State Board of Tax Commissioners v. Associated Auto & Truck Rental, Inc.Indiana Court of Appeals · 1971
- Echterling v. JACK GRAY TRANSPORT, INC.Indiana Court of Appeals · 1971
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3Cited by13 opinions
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- House of Stainless, Inc. v. Marshall & Ilsley BankWisconsin Supreme Court · 1977
- Draper Bank and Trust Co. v. LawsonUtah Supreme Court · 1983
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