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IN RE HAMMONS

No. H76-92(B).

438 F.Supp. 1143 (1977)

In re Rex L. HAMMONS and Joan Margaret Hammons, and Donald Ray Ball and Betty Barrett Ball, d/b/a Shady Grove TV and Appliance. FEDDERS FINANCIAL CORPORATION, Appellant, v. BORG WARNER ACCEPTANCE CORPORATION, General Electric Credit Corporation, and J. C. Bell, Receiver, Appellees.

United States District Court, S. D. Mississippi, Hattiesburg Division.

September 29, 1977.

Attorney(s) appearing for the Case

Alex A. Alston, Jr., Billups S. Allen, Jackson, Miss., for appellant.

Pat H. Scanlon, Jackson, Miss., for appellees.

OPINION OF THE COURT

DAN M. RUSSELL, Jr., Chief Judge.

This is an appeal from a judgment of the Bankruptcy Court of the Southern District of Mississippi that adjudged, inter alia, that appellant Fedders Financial Corporation (hereinafter FFC) had failed to properly perfect its security interest in certain collateral of the bankrupts and was, therefore, subordinate to the other secured creditor's and the trustee in bankruptcy.

The position...

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