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IN RE JLJ, INC.

Bankruptcy No. 88-08752, Adv. No. 89-0675.

115 B.R. 324 (1990)

In re JLJ, INC., d/b/a All American Trade Day, Debtor. JLJ, INC., d/b/a All American Trade Day, Plaintiff, v. RUSH BUILDING COMPANY, INC. and Karen B. Rush, Defendants.

United States Bankruptcy Court, N.D. Alabama.

Conclusions by the Court May 25, 1990.

Attorney(s) appearing for the Case

Harry P. Long, Anniston, N.J., for JLJ, Inc.

Daniel B. King, Gadsden, Ala., Edward L. Hardin, Jr., and John A. Taber, Birmingham, Ala., for Karen B. Rush.

Robert W. Hanson, Albertville, Ala., and Tameria S. Driskill, Guntersville, Ala., for Rush Bldg. Co., Inc.

FINDINGS OF FACT

L. CHANDLER WATSON, Jr., Bankruptcy Judge.

At Anniston, Alabama, on April 19 and 20, 1990, there was tried before the Court that aspect of the above-styled adversary proceeding whereby the Court is requested to determine to whom the plaintiff should make the payments on its promissory notes to Karen Rush for $1,050,000, secured by a purchase-money mortgage on its real property, as between Karen...

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