IN RE DG & ASSOCIATES, INC.

Bankruptcy No. 1-79-01289.

9 B.R. 94 (1981)

In re DG & ASSOCIATES, INC., DG & Associates, J & E Associates, Ten-Vol Sales Company, Bankrupts.

United States Bankruptcy Court, E.D. Tennessee.

February 10, 1981.


Attorney(s) appearing for the Case

A. Alexander Taylor, II, Chattanooga, Tenn., for Trustee.

Robert S. Peters, Winchester, Tenn., for Warren County Bank.


RALPH H. KELLEY, Bankruptcy Judge.

This cause came on to be heard on the trustee's objection to claim no. 6 filed by Warren County Bank. The trustee contends that the bank's claim should be declared unsecured because its financing statement did not perfect its security interest. The court finds the facts as follows:

In November, 1976 Ten-Vol Sales Company, a partnership, obtained a loan from and executed a promissory note to the bank. To secure its debt, Ten...

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