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IN RE SPIRIT OF THE WEST, INC.

Bankruptcy No. 5-91-01048. Adv. No. 5-92-0047.

164 B.R. 34 (1993)

In re SPIRIT OF THE WEST, INC., Debtor. NORTHEASTERN BANK OF PENNSYLVANIA, Plaintiff, v. SPIRIT OF THE WEST, INC., and American Business Credit, Defendants.

United States Bankruptcy Court, M.D. Pennsylvania.

June 16, 1993.

Attorney(s) appearing for the Case

Jeffrey Treat, Honesdale, PA, for debtor/defendant Spirit of the West, Inc.

Daniel Perry, Scranton, PA, for plaintiff Northeastern Bank of Pennsylvania.

George Clark, Scranton, PA, for defendant American Business Credit.

OPINION AND ORDER

JOHN J. THOMAS, Bankruptcy Judge.

Before this Court is an issue under the Uniform Commercial Code, Article 9-402(7), cited in Pennsylvania as 13 Pa.C.S.A. § 9402(g).

The material facts are not disputed. Spirit of the West, Inc. is a corporation primarily engaged in the retail sale of western apparel, shoes, and related items. Stipulation Nos. 3 and 4. On June 1, 1991, the corporation filed for relief under Chapter...

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