Legal Opinion

United States v. First National Bank in Ogallala, Nebraska

Court of Appeals for the First Circuit

Decided January 4, 1973No. 72-1208PublishedCited by 26 opinions

1Opinion of the Court

MATTHES, Chief Judge.

The question presented for decision in this case is whether the description of collateral in the controverted security agreement is adequate under §§ 9-110 and 9-203(1) (b) of the Uniform Commercial Code [U.C.C.] to create a security interest in certain property. We answer that question in the affirmative and therefore reverse the judgment of the District Court.

The situation generating this litigation can be briefly described. On January 13, 1964, a Mr. and Mrs. Contryman obtained through the Farmers Home Administration [F.H.A.] a loan from the United States in the amount…

2Cases cited12 opinions

  1. Erie Railroad v. TompkinsSupreme Court of the United States · 1938
  2. James Talcott, Inc. v. Franklin Nat. Bank of Mpls.Supreme Court of Minnesota · 1972
  3. National Cash Register Co. v. Firestone & Co. Inc.Massachusetts Supreme Judicial Court · 1963
  4. Varney Wood Products, Inc. v. StricklerCourt of Appeals for the Fourth Circuit · 1972
  5. United States v. Roy W. Williams and Carl v. IveyCourt of Appeals for the Fifth Circuit · 1971

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

3Cited by26 opinions

  1. Federal Deposit Insurance Corporation v. John W. NewhartCourt of Appeals for the Eighth Circuit · 1989
  2. United States v. State of CaliforniaCourt of Appeals for the Ninth Circuit · 1980
  3. Matter of SunbergUnited States Bankruptcy Court, S.D. Iowa · 1983
  4. In the Matter of H. L. Bennett Co., Bankrupt. Appeal of First Pennsylvania Bank, N.ACourt of Appeals for the First Circuit · 1978
  5. Nolin Production Credit Ass'n v. Canmer Deposit BankCourt of Appeals of Kentucky · 1986

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

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