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IN THE MATTER OF McLARTY INDUSTRIES, INC.

Bankruptcy No. B77-160G.

2 B.R. 68 (1979)

In the Matter of McLARTY INDUSTRIES, INC., Debtor. RENFRO CORPORATION, Plaintiff, v. McLARTY INDUSTRIES, INC., Defendant, Chemical Bank, Intervenor.

United States Bankruptcy Court, N.D. Georgia, Gainesville Division.

December 17, 1979.

Attorney(s) appearing for the Case

Frank W. Scroggins, Atlanta, Ga., for McLarty.

Thomas M. Faw, Mt. Airy, N.C., and J.D. Smith, Jr., Gainesville, Ga., for Renfro, Inc.

OPINION

WILLIAM L. NORTON, Jr., Bankruptcy Judge.

I.

In early 1977, Renfro Corporation, plaintiff herein (Renfro), and McLarty Industries, Inc., defendant and debtor herein (McLarty), entered into a contract whereby McLarty agreed to purchase certain manufactured goods from Renfro. Over a period of several months a course of dealing was established between the two corporations. Subsequently, it is alleged, McLarty ceased payment on the purchased...

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