S. Lotman & Son, Inc. v. Southeastern Financial Corp.

MERRILL, Justice.

This appeal is from a decree denying relief to complainant-appellant seeking a marshalling of the assets of Portion-Redi Foods, Inc., and an accounting between complainant and respondent.

A very condensed statement of the facts as stated in the evidence and stipulations follows. Appellant, S. Lotman & Son, Inc., sold certain items of equipment to PortionRedi Foods, Inc., a meat packing company. The equipment is described in Exhibit “A” of the bill. This equipment sold for $20,-000.00 and had been reduced by the down payment and monthly installments to $11,-200.00. A security…