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IN RE GRASSRIDGE INDUSTRIES, INC.

Bankruptcy No. 86-03423-S-2, Adv. No. 87-0322-S-2.

78 B.R. 978 (1987)

In re GRASSRIDGE INDUSTRIES, INC., Debtor. Thomas J. CARLSON, Trustee, Plaintiff, v. W.J. MENEFEE CONSTRUCTION COMPANY and Southgate Bank and Trust Company, Defendants.

United States Bankruptcy Court, W.D. Missouri, S.D.

October 20, 1987.

Attorney(s) appearing for the Case

Thomas J. Carlson, Springfield, Mo., Trustee.

Norman Beal, Kansas City, Mo., for Southgate Bank.

Fred A. Brooks, Springfield, Mo., for W.J. Menefee Const.

MEMORANDUM OPINION

FRANK W. KOGER, Bankruptcy Judge.

Grassridge Industries, Inc. (debtor), a general contractor specializing in the construction of bridge approaches, overpasses and other types of finished concrete and dirt work, filed a petition under Chapter 11 on August 5, 1986. The case was converted to a Chapter 7 proceeding on March 23, 1987. For some four or five years preceding the filing of the Chapter 11, debtor had obtained financing from the...

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