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IN RE EXCLUSIVE INDUSTRIES CORP.

Bankruptcy No. 428-00204-LO, Adv. No. 483-0210.

41 B.R. 493 (1984)

In re EXCLUSIVE INDUSTRIES CORPORATION, Debtor. William C. SANDOZ, Trustee, Plaintiff, v. FIRST NATIONAL BANK OF LAFAYETTE, LA., Powell Lumber Company, South Louisiana Saw Mill, Inc., Amco Underwriters of Audubon Insurance Co., and Elder Pallet and Lumber Sales, Inc., Defendants.

United States Bankruptcy Court, W.D. Louisiana.

May 15, 1984.

Attorney(s) appearing for the Case

Wayne A. Shullaw, Lafayette, La., for First Nat. Bank.

George W. McHugh, Jr., St. Martinville, La., for South La. Sawmill, Inc.

James C. Lopez, Opelousas, La., for Elder Pallet and Lumber Sales, Inc.

Joseph A. Schittone, Jr., Baton Rouge, La., for Amco Underwriters of Audubon Ins. Co.

William C. Sandoz, Opelousas, La., trustee for Exclusive Industries Corp., debtor.

OPINION

RODNEY BERNARD, Jr., Bankruptcy Judge.

Procedure

Exclusive Industries Corporation filed for relief under Chapter 7 of the United States Bankruptcy Code on April 8, 1982. The present matter is before this court as an adversary proceeding commenced by the trustee against three creditors claiming vendors privileges, Elder Pallet and Lumber Sales, Inc. (Elder); South Louisiana Sawmill, Inc., (S.L.S.M.); Powell Lumber Company (Powell...

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