DAVIDSON v. LONOKE PRODUCTION CREDIT ASS'N

No. 82-1067.

695 F.2d 1115 (1982)

Charles D. DAVIDSON, Trustee, Appellant, v. LONOKE PRODUCTION CREDIT ASSOCIATION, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided December 22, 1982.

Rehearing and Rehearing Denied January 18, 1983.


Attorney(s) appearing for the Case

Charles A. Walls, Jr., Lonoke, Ark., Wright, Lindsey & Jennings by Isaac A. Scott, Jr., and Jimmy W. Mitchell, Little Rock, Ark., for appellee.

Charles Darwin Davidson, P.A., Little Rock, Ark., for appellant.

Before BRIGHT and ARNOLD, Circuit Judges, and MEREDITH, Senior District Judge.


Rehearing and Rehearing En Banc Denied January 18, 1983.

ARNOLD, Circuit Judge.

In this adversary bankruptcy proceeding, the Bankruptcy Court held that Lonoke Production Credit Association had a security interest in the proceeds of certain crops grown by the bankrupt. The District Court affirmed. The trustee of the bankrupt estate appeals. He claims that the PCA's status as a secured creditor is precluded both by the legal insufficiency of the collateral description...

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