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IN RE THAYER

Bankruptcy No. 83-138.

38 B.R. 412 (1984)

In re Merton N. THAYER and Verna S. Thayer, Debtors.

United States Bankruptcy Court, D. Vermont.

March 6, 1984.

Attorney(s) appearing for the Case

Paul B. Wolfe, Newport, Vt., for W.S. Mitchell, Inc.

Richard A. Brownell, Winooski, Vt., for Chittenden Trust Co.

James S. Brock, Montpelier, Vt., for Community Nat. Bank.

Austin B. Noble, and Philip K. Dodd, Montpelier, Vt., for Sperry New Holland Div. of Sperry Rand Corp.

David A. Otterman, Bradford, Vt., for Caledonia Nat. Bank.

Gregory P. Howe, Newport, Vt., for Tessitura N.V. and Elara N.V.

Joseph C. Palmisano, Barre, Vt., Trustee, pro se.

Edwards C. O'Boyle, Jr., St. Johnsbury, Vt., for debtors.

MEMORANDUM AND ORDER

CHARLES J. MARRO, Bankruptcy Judge.

Prior to filing for relief under chapter 7 of the Bankruptcy Code (Code) on July 6, 1983, Mr. and Mrs. Thayer (Thayers) operated three dairy farms in northeastern Vermont. During the period of operation of the farms, the Thayers purchased most of their farm machinery from W.S. Mitchell, Inc. (Mitchell), a local equipment dealer, on credit advanced by Community National Bank (Community), Chittenden...

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