IN RE SEPCO, INC.

Bankruptcy No. 483-00070, Adv. No. 483-0101.

36 B.R. 279 (1984)

In re SEPCO, INC., Debtor. SEPCO, INC., Plaintiff, v. VALLEY STATE BANK; United States of America, Farmers Home Administration; Vicky Kindt Clites; Coast to Coast Store of Scotland, Sd; Pecaut Equipment Co.; James Mehlhaff; Jensen Steel & Pipe; Gas Services, Inc.; Lehr Well Drilling; Dan Dugan Transport Co.; Northwestern Supply Company; Arlon Industries, Inc.; Larry Auch, dba Auch Plumbing & Heating; Helmuth Fischer, dba Fischer Electric; Richard M. Hall, dba Rich's Electric; Cargill, Inc.; and United States of America, Internal Revenue Service, Defendants.

United States Bankruptcy Court, D. South Dakota.

January 6, 1984.


Attorney(s) appearing for the Case

John C. Quaintance, Quaintance, Swanson & Johnson, Sioux Falls, S.D., and Craig A. Kennedy, Doyle, Bierle, Porter & Kennedy, Yankton, S.D., for plaintiff.

William J. Klimisch, Yankton, S.D., for Valley State Bank.

Robert J. Haar, Asst. U.S. Atty., Sioux Falls, S.D., for U.S.A., FmHA.


MEMORANDUM DECISION

PEDER K. ECKER, Bankruptcy Judge.

PROCEDURAL HISTORY

Sepco, Inc. (debtor), filed a complaint to determine the validity, priority, and extent of liens in the above-entitled chapter 11 bankruptcy on March 29, 1983. Seventeen defendants were served with the complaint, including the Valley State Bank of Yankton, South Dakota (bank), and Arlon Industries, Inc. (Arlon). Arlon answered and cross-claimed against all other defendants...

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