Legal Opinion
Franklin National Investment Corp. v. American Swiss Parts Co.
Michigan Court of Appeals
Decided July 26, 1972No. Docket 12822PublishedCited by 7 opinions
1Opinion of the CourtT. M. Burns, J.
Plaintiff sold defendant American Swiss Parts Company two screw machines in exchange for a promissory note for $15,000. The note was secured by a security agreement on the two machines dated November 14, 1968. The security agreement was filed in the Register of Deeds office for the County of Shiawassee on November 21, 1968. When defendant defaulted in payment on the promissory note, the plaintiff claimed that it was entitled to the possession of the two screw machines pursuant to the terms of the security agreement.
After plaintiff filed its complaint, the National Acceptance Company of…
2Cited by7 opinions
- American Employers Insurance Company v. American Security Bank, N.A. American Security Bank, N.A. v. American Employers Insurance CompanyCourt of Appeals for the D.C. Circuit · 1984
- Security National Bank & Trust Co. of Norman v. Dentsply Professional PlanSupreme Court of Oklahoma · 1980
- Citizens State Bank v. Peoples BankIndiana Court of Appeals · 1985
- Marcus v. McKesson Drug Co. (In Re Mistura, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1982
- Franklin National Bank v. Boser, Texas Court of Appeals, 6th District (Texarkana)1998
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