Legal Opinion

Herman v. FIRST FARMERS STATE BK. OF MINIER

Appellate Court of Illinois

Decided July 6, 1979No. 79-7PublishedCited by 15 opinions

1Opinion of the CourtJustice Stengel

The sole question presented on this appeal is whether plaintiff Barbara F. Herman, was a “buyer in the ordinary course of business” under section 9 — 307 of our Uniform Commercial Code (Ill. Rev. Stat. 1977, ch. 26, par. 9—307). Following a bench trial the Circuit Court of Tazewell County held that plaintiff was such a “buyer” and entered a $2,200 judgment for her. We affirm.

The facts of this case are not in dispute. At all relevant times since March 13, 1974, defendant, First Farmers State Bank of Minier, had a perfected security interest in the inventory of Newell Soil Supplies, Inc., a…

2Cases cited4 opinions

  1. Chrysler Credit Corp. v. SharpNew York Supreme Court · 1968
  2. American National Bank & Trust Co. v. Mar-K-Z Motors & Leasing Co.Illinois Supreme Court · 1974
  3. Rex Financial Corp. v. Mobile America Corp.Court of Appeals of Arizona · 1978
  4. TROY LUMBER COMPANY v. WilliamsCourt of Appeals of Georgia · 1971

3Cited by15 opinions

  1. Midwest Decks, Inc. v. Butler and Baretz Acquisitions, Inc.Appellate Court of Illinois · 1995
  2. Finance America Commercial Corp. v. Econo Coach, Inc.Appellate Court of Illinois · 1983
  3. Daniel v. Bank of HaywardWisconsin Supreme Court · 1988
  4. Prenger v. BakerSupreme Court of Iowa · 1995
  5. Wilson v. M & W GEAR, INC.Appellate Court of Illinois · 1982

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