SPRECHER, Circuit Judge.
This appeal concerns the right to proceeds from secured collateral following the debtor's bankruptcy.
Prior to 1969, A. W. Sikking Co. was a large and established appliance store in Springfield, Illinois. For some years Sikking had financed its purchase of Philco appliances through an agreement with Philco Finance Corp. Pursuant to that agreement, Philco had properly filed financing statements showing its secured interest in the appliances...
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