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NATIONAL ROPES, INC. v. NATIONAL DIVING SERVICE, INC.

No. 74-1258.

513 F.2d 53 (1975)

NATIONAL ROPES, INC., Plaintiff-Appellant, v. NATIONAL DIVING SERVICE, INC., et al., Defendants, First National Bank in Little Rock, Intervenor-Appellee-Appellant, National Electric Coil, Intervenor-Appellee.

United States Court of Appeals, Fifth Circuit.

May 16, 1975.

Attorney(s) appearing for the Case

Donald F. Geffner, Richard F. Ralph, Miami, Fla., for plaintiff-appellant. J. Kirk Wood, Clifford B. Wentworth, Miami, Fla., for 1st Natl. Bank in Little Rock.

John N. Moore, III, Key West, Fla., for Natl. Electric Coil.

George D. Gold, Miami, Fla., for Natl. Diving Service.

Before BROWN, Chief Judge, and BELL and MORGAN, Circuit Judges.

LEWIS R. MORGAN, Circuit Judge:

This appeal comes to us for a determination of the interests of competing parties in certain wire rope and electric lifting magnets which were sold by two of the parties on appeal to an enterprise known as National Diving Service, Inc. (NDS), not a party to this appeal. It was argued before us as a contest between a secured party who had an interest in the rope and magnets as collateral under...

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