Alloway v. Stuart

MOREMEN, Judge.

This appeal involves a determination of priority of liens on certain personal property. The specific question is whether or not the lien of appellee, Paul J. Schneider, was prior to the lien of appellant, Fred Al-loway, Jr. Appellant insists that appellee failed to comply with KRS 355.9-402, a section of the Uniform Commercial Code. The circuit court decided that Schneider’s lien was superior to that of appellant, Fred Alloway, Jr.

In January 1962, Schneider sold certain bowling alley equipment to appellee, Henry L. Stuart. Stuart and his wife executed a chattel mortgage to…