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FARMERS & MER. BANK v. DYERSBURG P.C.A.

728 S.W.2d 10 (1986)

FARMERS & MERCHANTS BANK and Linus A. Thornton and wife, Donna Sue Thornton and Robert Reed Thornton and wife, Juanita V. Thornton, Plaintiffs-Appellants, v. DYERSBURG PRODUCTION CREDIT ASSOCIATION, Defendant-Appellee.

Court of Appeals of Tennessee, Western Section, at Jackson.

Application for Permission to Appeal Rehearing Denied February 2, 1987.

Attorney(s) appearing for the Case

Albert B. Merkel, Michael T. Tabor, Jackson, for plaintiffs-appellants.

Jerry R. Maxwell, Walter C. Drake, Dyer, for defendant-appellee.

CRAWFORD, Judge.

This appeal involves questions of priority of lien and commercially reasonable sale under the Uniform Commercial Code. Farmers & Merchants Bank (hereinafter Bank) filed its complaint on January 18, 1985, against Dyersburg Production Credit Association (PCA) seeking an injunction to prohibit PCA's proceeding with a sale of certain items of personal property on which Bank claimed a lien superior to PCA...

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