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GENERAL ELECTRIC CREDIT CORP. v. BANKERS COMM. CORP.

No. 5-4560.

429 S.W.2d 60 (1968)

244 Ark. 984

GENERAL ELECTRIC CREDIT CORPORATION, Appellant, v. BANKERS COMMERCIAL CORPORATION et al., Appellees.

Supreme Court of Arkansas.

Rehearing Denied July 15, 1968.

Attorney(s) appearing for the Case

Wootton, Land & Matthews, Hot Springs, for appellant.

Anderson & Anderson and Mike J. Etoch, Jr., Helena, for appellees.

GEORGE ROSE SMITH, Justice.

This is primarily a dispute between two finance companies about their security interests in a dragline that was sold on credit by Southland Tractors, Inc., to the appellee J. T. Arnold, III. Both security agreements held by the rival finance companies are defective, that of Bankers Commercial Corporation not having met the filing requirements of the Uniform Commercial Code and that of General Electric Credit Corporation being a forgery...

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