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IN RE JLJ INC.

No. 92-6434.

988 F.2d 1112 (1993)

In re JLJ INC., d/b/a All American Trade Day, Debtor. Karen B. RUSH, Plaintiff-Appellee, v. JLJ INC., d/b/a All American Trade Day, Rush Building Company, Inc., Defendants-Appellants.

United States Court of Appeals, Eleventh Circuit.

April 20, 1993.

Attorney(s) appearing for the Case

J. Mark White, Linda G. Flippo, Will M. Booker, Birmingham, AL, for defendants-appellants.

Daniel B. King, Gadsden, AL, Edward Hardin, Jr., Belinda Kimble, Birmingham, AL, for plaintiff-appellee.

Before FAY and BIRCH, Circuit Judges, and KAUFMAN, Senior District Judge.

FAY, Circuit Judge:

The issue in this adversary proceeding is ownership of the debtor's promissory notes, secured by a mortgage on a tract of land located along U.S. Highway 431 near Guntersville, Alabama. The debtor, JLJ, Inc., purchased the subject property in 1986 from appellee Karen Rush and gave her the promissory notes as partial payment. Karen Rush claims present ownership of the notes. In 1987, Karen Rush's husband and attorney-in-fact assigned the notes and...

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