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CONTINENTAL OIL CO. v. CITIZENS TRUST & SAVINGS BANK

Docket No. 56527, (Calendar No. 7).

397 Mich. 203 (1976)

244 N.W.2d 243

CONTINENTAL OIL COMPANY v. CITIZENS TRUST & SAVINGS BANK

Supreme Court of Michigan.

Decided July 28, 1976.

Attorney(s) appearing for the Case

Fisher, Troff & Fisher (by David J. Williams) for plaintiff.

Neal, Grier, Schutt, Hanson & Hanson for defendant.

FITZGERALD, J.

Plaintiff Continental Oil Company and defendant Citizens Trust and Savings Bank each believes it has a superior secured interest in inventory, proceeds, and accounts receivable belonging to Blossom Trail Growers, Inc., formerly named South Haven Fruit Exchange. The question presented is whether Citizens Bank, as the holder of a prior secured interest against South Haven, had an affirmative duty to amend or...

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