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BRANCH BANKING & TRUST CO. v. COLUMBIAN PEANUT CO.

No. 85-78-CIV-2.

649 F.Supp. 1116 (1986)

BRANCH BANKING & TRUST COMPANY, Plaintiff, v. COLUMBIAN PEANUT COMPANY, Defendant.

United States District Court, E.D. North Carolina, Elizabeth City Division.

November 26, 1986.

Attorney(s) appearing for the Case

L. Lamar Armstrong, Jr., Armstrong & Armstrong, P.A., Smithfield, N.C., for plaintiff.

Bettie Kelley Sousa, Smith, Debnam, Hibbert & Pahl, Raleigh, N.C., for defendant.

MEMORANDUM OF ORDER

JAMES C. FOX, District Judge.

This civil action was brought by Branch Banking & Trust Company (BB & T) to recover compensatory damages from Columbian Peanut Company (Columbian) by reason of BB & T's failure to recover indebtedness due it from Larry K. Sorie and wife, Billie H. Sorie (Sories), which indebtedness was secured by a security interest in the Sories' peanut crop. BB & T sought recovery on four separate theories...

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