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MATTER OF SHARRER v. SANDLAS

103 A.D.2d 873 (1984)

In the Matter of Richard R. Sharrer et al., Appellants, v. Henry J. Sandlas et al., Doing Business as Spring Brook Farms Grain Company, Respondents

Appellate Division of the Supreme Court of the State of New York, Second Department.

July 5, 1984

¶ The conflict at issue here arose from petitioners' claim that their security interest in a certain tractor and trailer is superior to that of respondents. Petitioners' security interest dates back to January 10, 1979 when petitioners, together with all of the other shareholders of a family business called D. H. Sharrer & Sons, Inc. (Sharrer), sold their stock in the company to Mandata Poultry Company (Mandata). Although the equity represented by these shares of...

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