Walker v. West Kentucky Production Credit Ass'n (In Re Rogers)

MEMORANDUM OPINION

G. WILLIAM BROWN, Bankruptcy Judge.

This adversary proceeding was initiated-by the trustee in bankruptcy to recover proceeds from the sale of debtors’ 1981 tobacco crops. On February 9, 1983, the trustee abandoned claim to proceeds, leaving for judicial determination the priority status claimed by two creditors herein, West Kentucky Production Credit Association (PCA) and Cooper Hartón and William Hancock, Jr., d/b/a Hancock-Cooper-Har-ton Tobacco Warehouse (Hancock).

This Court finds that PCA’s prior lien of record constitutes a superior lien to proceeds from debtors’ 1981…