STEPHENSON, Circuit Judge.
The question before us in this case is whether a security interest on an automobile was established pursuant to V.A.M.S. § 400.9-203(1)(b) (Uniform Commercial Code § 9-203(1)(b)).
On August 12, 1970 the bankrupt, Robert Charles Shelton, purchased a 1969 Pontiac from appellee, Raymond Erwin. On that date bankrupt and Erwin executed a bill of sale on the billing stationery of "Ray Erwin Welder...
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