PRODUCTION CREDIT v. SEA-FIRST

No. 2856-2.

19 Wn. App. 397 (1978)

577 P.2d 589

SOUTHWEST WASHINGTON PRODUCTION CREDIT ASSOCIATION, Respondent, v. SEATTLE-FIRST NATIONAL BANK, Appellant.

The Court of Appeals of Washington, Division Two.

February 28, 1978.


Attorney(s) appearing for the Case

Marvin L. Gray, Jr., for appellant.

James A. Vander Stoep, for respondent.


SOULE, J.

Seattle-First National Bank (Sea-First) appeals from a declaratory judgment in favor of Southwest Washington Production Credit Association (PCA) holding that the PCA had a security interest in certain farm products in the hands of a purchaser and that that security interest had priority over Sea-First's interest in the same collateral. We reverse.

Symons Frozen Foods, Inc., was a food processor financed by Sea-First Bank. Sea-First held a valid security...

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