On May 8, 1973 claimant purchased certain vehicles and equipment from Leasemore Equipment, Inc. (Leasemore), and its subsidiary. Prior thereto claimant had requested the Secretary of State to search and to report on records of financing statements on file with him as of April 9, 1973 naming Leasemore (see Uniform Commercial Code, § 9-407). The search was completed on April 20, 1973 and the report stated there was "no record" wherein Leasemore was so named. In fact, such...
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