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CITIZENS NAT. v. INDIANAPOLIS AUTO AUCTION

No. 41A01-9111-CV-343.

592 N.E.2d 1256 (1992)

CITIZENS NATIONAL BANK OF TIPTON, Indiana, Appellant-Plaintiff, v. INDIANAPOLIS AUTO AUCTION, a/k/a I.A.A., Inc., Appellee-Defendant.

Court of Appeals of Indiana, First District.

June 8, 1992.

Attorney(s) appearing for the Case

Danford R. Due, Stewart Due Miller & Pugh, Indianapolis, David B. Quigley, Holmes Quigley & Rich, Tipton, for appellant-plaintiff.

Brian K. Burke, Scott M. Kosnoff, Baker & Daniels, Indianapolis, James F.T. Sargent, Sargent & Meier, Greenwood, for appellee-defendant.

RATLIFF, Chief Judge.

STATEMENT OF THE CASE

Citizens National Bank of Tipton ("Citizens") appeals the entry of summary judgment finding its interest in certain collateral had terminated. We affirm.

ISSUE

We restate the issue as:

Did the trial court err in entering summary judgment in favor of Indianapolis Auto Auction ("IAA") finding that Citizens' security interests in five automobiles had terminated?

FACTS

Stanley...

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