ARNOLD, Circuit Judge.
Sogelease Corporation, the appellee in this Court and the plaintiff below, brought this action against the defendants McGehee Publishing Co. and James P. White, Sr., president of McGehee, for recovery of the unpaid balance owing on photo-processing equipment that McGehee had purchased. Sogelease financed the purchase and took a security interest in the equipment.
The principal question presented is whether Sogelease's private sale of...
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