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IN RE SHIFLETT

Bankruptcy No. 5-83-00286, Adv. No. 5-83-0129.

40 B.R. 493 (1984)

In re Glen Wilson SHIFLETT, Joy Fulk Shiflett, Debtors. John G. LEAKE, Trustee, Plaintiff, v. The FIRST NATIONAL BANK OF BROADWAY, et al., Defendants.

United States Bankruptcy Court, W.D. Virginia, Harrisonburg Division.

July 12, 1984.

Attorney(s) appearing for the Case

Dale A. Davenport, Harrisonburg, Va., for debtors.

John G. Leake, Harrisonburg, Va., trustee/plaintiff.

Douglas T. Stark, Harrisonburg, Va., for trustee.

William E. Shmidheiser, III, Harrisonburg, Va., Counsel for First Nat. Bank of Broadway, defendant.

MEMORANDUM OPINION AND ORDER

H. CLYDE PEARSON, Bankruptcy Judge.

The issue before the court is whether or not the Defendant, First National Bank of Broadway ("Bank") has a perfected security interest in funds held by Valley of Virginia Cooperative Milk Producers Association ("Co-op") retained from Debtors' milk sales.

On July 18, 1983, the Debtors filed their Chapter 7 liquidation petition in this court and...

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