THRIFT, INC. v. A.D.E., INC.

No. 2-1282A408.

454 N.E.2d 878 (1983)

THRIFT, Incorporated, Appellant (Defendant below), v. A.D.E., INC., d/b/a Auto Dealers Exchange, Appellee (Plaintiff below).

Court of Appeals of Indiana, First District.

Rehearing Denied November 15, 1983.

Transfered Denied January 18, 1984.


Attorney(s) appearing for the Case

R. Larry Drake, Evansville, for appellant.

Michael V. Gooch, Harrison & Moberly, Indianapolis, for appellee.


ROBERTSON, Presiding Judge.

Thrift, Incorporated (Thrift) appeals the trial court's judgment which held that its security interests in three automobiles had not attached. The trial court ruled the automobiles were not inventory of a third party, Devers Auto Sales (Devers) and found in favor of the original seller, A.D.E., Inc. (A.D.E.).

We reverse.

A.D.E. is an Indiana corporation which engages in the sale of motor vehicles in Indianapolis. Thrift...

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