First National Bank of Birmingham v. Young
Court of Civil Appeals of Alabama
1Opinion of the Court
L. CHARLES WRIGHT, Retired Appellate Judge.
James Young is a dealer in coins and precious metals in Tennessee and operates a business called Jim’s Coin Service. Southern Metallic Enterprises, Inc. (SME), was located in Birmingham and engaged in the primary business of refining precious metals. AmSouth Bank (AmSouth) was the holder of a perfected security interest in the inventory and accounts receivable of SME, including after-acquired property.
On September 9, 1981, Young delivered some gold-filled material to SME to be refined. SME delivered receipt #1241 to Young as evidence that the…
2Cases cited9 opinions
- Gibson v. NixCourt of Civil Appeals of Alabama · 1984
- Bischoff v. ThomassonSupreme Court of Alabama · 1981
- In Re Sitkin Smelting and Refining, Inc. Eastman Kodak Company v. G. M. Harrison, Trustee and C. I. T. CorporationCourt of Appeals for the Fifth Circuit · 1981
- Johnson-Rast & Hays, Inc. v. ColeSupreme Court of Alabama · 1975
- Leslie v. Pine Crest Homes, Inc.Supreme Court of Alabama · 1980
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3Cited by1 opinion
- Georgetown Steel Co. v. Progress Rail Services Corp. (In Re Georgetown Steel Co.)United States Bankruptcy Court, D. South Carolina · 2004