BIGELOW-SANFORD v. SECURITY-PEOPLES TRUST


304 Pa.Super. 167 (1982)

450 A.2d 154

BIGELOW-SANFORD, INC., Appellant, v. SECURITY-PEOPLES TRUST COMPANY.

Superior Court of Pennsylvania.

Filed September 10, 1982.


Attorney(s) appearing for the Case

Thomas J. Ridge, Erie, for appellant.

Gregory L. Heidt, Erie, for appellee.

Before CAVANAUGH, MONTEMURO and VAN der VOORT, JJ.


VAN der VOORT, Judge:

This case requires a determination of priority of two claims to certain assets of a now-bankrupt debtor. The debtor, Carpet Warehouse, Inc., was in the business of selling floor coverings. Plaintiff-appellant, Bigelow-Sanford, Inc., was a major supplier of carpeting to the debtor. The defendant-appellee, Security-Peoples Trust Co., from time to time loaned money to Bigelow.

On April 16, 1971, the debtor executed and delivered to the Bank...

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