TRIMBLE v. NORTH RIDGE FARMS, INC.


700 S.W.2d 396 (1985)

J. Montjoy TRIMBLE, Agent and Attorney-In-Fact for Dan Stathatos and Sam Malisos, Movant, v. NORTH RIDGE FARMS, INC., Combs Stallions, Inc., and Anita Arbour, Respondents.

Supreme Court of Kentucky.

Rehearing Denied December 19, 1985.


Attorney(s) appearing for the Case

J. Montjoy Trimble, Trimble & Henry, Lexington, for movant.

Robert S. Miller, Miller, Griffin & Marks, Stephen L. Barker, Sturgill, Turner & Truitt, Lexington, for respondents.


VANCE, Justice.

The question is whether a provision in the syndicate agreement of a syndicated stallion which provides that nominations of a mare to be bred to the stallion by the owner of a share in the syndicate may be sold, exchanged, or otherwise transferred or assigned, permits the purchase of a breeding season free and clear of a purchase money security interest of the syndicator by virtue of U.C.C. 9-306.

The stallion, Affirmed, owned by Louis Wolfson...

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