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MATTER OF CENT. WISCONSIN AG SUPPLY, INC.

Adv. No. 83-0040.

31 B.R. 479 (1983)

In the Matter of CENTRAL WISCONSIN AG SUPPLY, INC., Debtor. P.A.G. GARDEN PRAIRIE, INC., Plaintiff, v. CENTRAL WISCONSIN AG SUPPLY, INC., Farmers & Merchants Union Bank, Royster Company, Grower Service Corporation, Terra Chemicals International, Inc., Ottawa Strong & Strong, Inc., and Ronald B. Paskin, Trustee, Defendants.

United States Bankruptcy Court, W.D. Wisconsin.

July 12, 1983.

Attorney(s) appearing for the Case

Denis Bartell, Ross & Stevens, S.C., Madison, Wis., for P.A.G. Garden Prairie, Inc.

Leslie Brodhead Griffith, Ross & Chatterton, Madison, Wis., for Ottawa, Strong & Strong, Inc.

Jack Aulik, Aulik, Brill & Eustice, S.C., Sun Prairie, Wis., for Terra Chemicals Intern.

William J. Rameker, Murphy, Stolper, Brewster & Desmond, Madison, Wis., for Cent. Wisconsin Ag.

Randall Lueders, Behl & Lueders, Columbus, Wis., for Farmers & Merchants Union Bank.

Michael E. Skindrud, LaFollette, Sinykin, Anderson & Munson, Madison, Wis., for Royster Co.

Michael P. Erhard, Foley & Lardner, Madison, Wis., for Grower Service Corp.

Ronald B. Paskin, Paskin & Kepler, Madison, Wis., trustee.

ROBERT D. MARTIN, Bankruptcy Judge.

The debtor Central Wisconsin Ag Supply, Inc. filed its chapter 11 petition on November 5, 1982. The case was converted to a chapter 7 on January 10, 1983. In this adversary proceeding the plaintiff, P.A.G. Garden Prairie, Inc., ("P.A.G.") asks the court to determine the priority of competing security agreements in the inventory and accounts of the debtor.

On November 29, 1979 the debtor and P.A.G. entered into an agreement...

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