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SOUTHERN JERSEY AIRWAYS v. NAT. BK. OF SECAUCUS

108 N.J. Super. 369 (1970)

261 A.2d 399

SOUTHERN JERSEY AIRWAYS, INC., PLAINTIFF-APPELLANT, v. NATIONAL BANK OF SECAUCUS, DEFENDANT-RESPONDENT.

Superior Court of New Jersey, Appellate Division.

Decided January 27, 1970.

Attorney(s) appearing for the Case

Mr. Isaac C. Ginsburg argued the cause for appellant (Messrs. Feinberg & Ginsburg, attorneys).

Mr. William R. Serber argued the cause for respondent (Messrs. Kirkman, Mulligan, Bell & Armstrong, attorneys).

Before Judges CONFORD, COLLESTER and KOLOVSKY.

The opinion of the court was delivered by CONFORD, P.J.A.D.

This appeal presents a complex legal problem concerning priority of interest in respect of an aircraft as between the lien of a security agreement thereon held by defendant bank and a statutory possessory lien (N.J.S.A. 2A:44-1 et seq.; L. 1934, c. 121) (hereinafter referred as an "aircraft mechanic's or artisan's lien") for services and materials subsequently furnished to the owner in...

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