PARAMOUNT FINANCE CO. v. UNITED STATES

No. 17005.

13 Ohio Misc. 195 (1967)

PARAMOUNT FINANCE CO. v. UNITED STATES.

United States Court of Appeals, Sixth Circuit.

Decided June 28, 1967.


Attorney(s) appearing for the Case

Mr. Howard J. Feldman, Mr. Mitchell Rogovin, Mr. Lee A. Jackson, Mr. Joseph Kover, Mr. Merle M. McCurdy, and Mr. James L. Oaker, for appellant.

Mr. Philip Kasdan, for appellee.

Before EDWARDS and CELEBREZZE, Circuit Judges, and NEESE, District Judge.


NEESE, District Judge.

S. & C. Tavern, Inc.,1 procured a loan from the plaintiff2 and applied the proceeds to the purchase of a tavern business in Cleveland, Ohio. The taxpayer made its promissory note to the lender, securing the repayment of the loan with a security agreement3 and financing statement. The lender perfected its...

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