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BANK OF MADISON v. TRI-COUNTY LIVESTOCK AUCTION CO.

45810.

123 Ga. App. 768 (1971)

182 S.E.2d 667

BANK OF MADISON v. TRI-COUNTY LIVESTOCK AUCTION COMPANY.

Court of Appeals of Georgia.

Decided April 12, 1971.

Rehearing Denied May 12, 1971.

Attorney(s) appearing for the Case

Lambert & Carter, E. R. Lambert, Preston & Benton, William L. Preston, for appellant.

G. Hughel Harrison, James W. Garner, for appellee.

PANNELL, Judge.

The Bank of Madison, plaintiff appellant, on November 9, 1968, filed a financing statement on "800 Head all grades and breed beef cattle located on Farm of W. E. Giddens in Seats District of Morgan County, Georgia, and any increase thereof by birth or purchase" and the proceeds thereof, given to secure a line of credit to Giddens of approximately $50,000, the amount of the indebtedness to vary from time to time. Giddens was engaged in buying feeder...

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