UNITED STATES v. FIRST NATIONAL BANK IN OGALLALA, NEB.

No. 72-1208.

470 F.2d 944 (1973)

UNITED STATES of America, Appellant, v. FIRST NATIONAL BANK IN OGALLALA, NEBRASKA, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided January 4, 1973.


Attorney(s) appearing for the Case

Eloise Davies, Atty., Dept. of Justice, Washington, D. C., for appellant.

David A. Johnson, Omaha, Neb., for appellee.

Before MATTHES, Chief Judge, and GIBSON and HEANEY, Circuit Judges.


MATTHES, Chief Judge.

The question presented for decision in this case is whether the description of collateral in the controverted security agreement is adequate under §§ 9-110 and 9-203(1) (b) of the Uniform Commercial Code [U.C.C.] to create a security interest in certain property. We answer that question in the affirmative and therefore reverse the judgment of the District Court.

The situation generating this litigation can be briefly described...

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