Legal Opinion
In Re Drane
District Court, W.D. Kentucky
Decided January 24, 1962No. 25099PublishedCited by 17 opinions
1Opinion of the Court
SHELBOURNE, District Judge.
On December 16, 1960, the bankrupt executed a “Note and Security Agreement” by which he mortgaged to Popular Finance Corporation (hereinafter called the creditor) certain items of personal property. This “Note and Security Agreement” was duly recorded in the Jefferson County Court Clerk’s office on December 27, 1960.
The mortgagor was adjudged a bankrupt in this Court on March 18, 1961. The creditor filed its proof of secured claim on April 7, 1961. The trustee, being of the opinion that no equity existed in favor of the bankrupt’s estate in the property secured by…
2Cases cited5 opinions
- Hart County Deposit Bank v. HatfieldCourt of Appeals of Kentucky (pre-1976) · 1930
- Hauseman Motor Company v. NapierellaCourt of Appeals of Kentucky (pre-1976) · 1928
- General Motors Acceptance Corp. v. Sharp Motor Sales Co.Court of Appeals of Kentucky (pre-1976) · 1930
- Sparks v. Deposit BankCourt of Appeals of Kentucky · 1903
- Liberty Nat. Bank & Trust Co. v. MilesCourt of Appeals of Kentucky (pre-1976) · 1953
3Cited by17 opinions
- In the Matter of Amex-Protein Development Corporation, Bankrupt. M. Nolden, Trustee of Estate of Bankrupt v. Plant ReclamationCourt of Appeals for the Ninth Circuit · 1974
- National Cash Register Co. v. Firestone & Co. Inc.Massachusetts Supreme Judicial Court · 1963
- Nolin Production Credit Ass'n v. Canmer Deposit BankCourt of Appeals of Kentucky · 1986
- Mammoth Cave Production Credit Association v. YorkCourt of Appeals of Kentucky (pre-1976) · 1968
- Security Tire and Rubber Company v. HlassSupreme Court of Arkansas · 1969
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