Legal Opinion
FIRST NAT. BANK OF FRANKLIN CTY. v. Smith
Supreme Court of Alabama
Decided March 2, 1984No. 82-939PublishedCited by 5 opinions
1Opinion of the Court
This case is governed by Article 9 of the Uniform Commercial Code on secured transactions. Section 7-9-101, et seq., Code of Alabama (1975). It concerns the sufficiency of a real estate description in a security agreement to create an enforceable security interest in growing crops.
The First National Bank of Franklin County, Tennessee, filed a complaint against David McCord, doing business as McCord Son Grain Company, which alleged the following: Winston T. Smith executed a security agreement and financing statement in connection with a loan. The documents purported to grant the bank a…
2Cases cited6 opinions
- United States v. A. D. NewcombCourt of Appeals for the Eighth Circuit · 1982
- United States v. Big Z WarehouseDistrict Court, S.D. Georgia · 1970
- Piggott State Bank v. Pollard Gin Co.Supreme Court of Arkansas · 1967
- United States v. OakleyDistrict Court, E.D. Arkansas · 1980
- Bank of Danville v. Farmers National Bank of DanvilleKentucky Supreme Court · 1980
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3Cited by5 opinions
- Leasing Service Corp. v. Hobbs Equipment Co.Court of Appeals for the Eleventh Circuit · 1990
- Matter of CoodyUnited States Bankruptcy Court, M.D. Georgia · 1986
- Dresser Industries, Inc. v. Dixie Fuels, Inc. (In Re Dixie Fuels, Inc.)United States Bankruptcy Court, N.D. Alabama · 1985
- Forestry Equipment Co. of Alabama v. Orix Credit Alliance, Inc.Supreme Court of Alabama · 1993
- Leasing Service Corporation, a Corporation, Plaintiff-Third Party Cross-Appellant v. Hobbs Equipment Company, a Corporation, Defendant-Third Party Cross-Appellant v. Colonial Bank of North Alabama, Formerly Bank of Moulton, a Corporation, Third Party River City Construction Company, Inc., an Alabama Corporation, Third PartyCourt of Appeals for the Third Circuit · 1990