MANUFACTURERS ACCEPT. CORP. v. BANK OF KNOXVILLE


324 S.W.2d 417 (1959)

MANUFACTURERS ACCEPTANCE CORP. v. BANK OF KNOXVILLE.

Supreme Court of Tennessee.

June 5, 1959.


Attorney(s) appearing for the Case

L.B. Bolt, Jr., Knoxville, for appellant.

W.E. Fitzgerald, Knoxville, for Bessie Haynes.

Ely & Ely, Knoxville, for appellee.


PREWITT, Justice.

This is a contest between the Bank of Knoxville, complainant below and Manufacturers Acceptance Corporation, defendant below, to determine which had the superior claim to the same automobile. All of the facts have been stipulated.

The record discloses that one, Redmond, was a used car dealer and he also conducted a driver training school. In August, 1956, Redmond obtained a loan from the Bank of Knoxville, giving as security for it a 1955...

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