FARMERS CO-OP OF ASHFORD, INC. v. PEOPLE'S COMMUNITY BANK

2970493.

775 So.2d 817 (1998)

FARMERS COOPERATIVE OF ASHFORD, INC. v. PEOPLE'S COMMUNITY BANK OF ASHFORD.

Court of Civil Appeals of Alabama.

As Modified on Denial of Rehearing February 5, 1999.


Attorney(s) appearing for the Case

Brian Dowling, Dothan, for appellant.

Jerry M. White and William W. Nichols of Lee & McInish, Dothan, for appellee.


YATES, Judge.

Farmers Cooperative of Ashford, Inc., appeals from a summary judgment entered in favor of People's Community Bank of Ashford ("the bank"). The dispute in this case centers around the priority of security interests given by Russell Jody Harper as collateral for loans relating to farming transactions occurring in 1996.

On January 19, 1996, the bank lent Harper $150,000 for crop production expenses. In consideration for the loan, Harper gave the...

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