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COLUMBIA INTERNATIONAL CORP. v. KEMPLER

No. 177.

46 Wis.2d 550 (1970)

175 N.W.2d 465

COLUMBIA INTERNATIONAL CORPORATION, Respondent, v. KEMPLER and others, d/b/a KEPCO, Appellants.

Supreme Court of Wisconsin.

Decided April 3, 1970.

Attorney(s) appearing for the Case

For the appellants there were briefs by Lorinczi & Weiss, attorneys, and Robert K. Steuer of counsel, all of Milwaukee, and oral argument by Mr. Steuer.

For the respondent there was a brief by Snyder, Fisher, Lee & Lilly of Milwaukee, and oral argument by Edward H. Snyder.

WILKIE, J.

On this appeal three issues are presented:

1. Was the nature of the transaction between Columbia and Kramer such as to give Columbia an unperfected security interest in the machines in Kramer's possession?

2. Was this unperfected security interest in the machines subordinate to the receiver's interest in said machines?

3. Did Kepco, when it purchased the receiver's interest with actual...

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