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MATTER OF BOILING SPRINGS CONST. CO., INC.

Bankruptcy No. 76-16-BK-7.

3 B.R. 251 (1980)

In the Matter of BOILING SPRINGS CONSTRUCTION CO., INC.

United States Bankruptcy Court, E.D. North Carolina.

March 18, 1980.

Attorney(s) appearing for the Case

William O.J. Lynch of Jones, Hill, Jones, Nash & Lynch, Wilmington, N.C., for North Carolina Nat. Bank.

Algernon L. Butler, Jr. of Poisson, Barnhill, Butler & Britt, Wilmington, N.C., for Waccamaw Bank and Trust.

Trawick H. Stubbs, Jr., New Bern, N.C., for trustee.

OPINION AND ORDER

THOMAS M. MOORE, Bankruptcy Judge.

This matter comes on to be heard at the request of Waccamaw Bank and Trust Company and North Carolina National Bank, both of whom are claiming priority to certain proceeds in the possession of the trustee as a result of the trustee's sale of a boat. After considering the evidence and hearing argument of counsel, the undersigned finds the facts to be as hereinafter set out.

Findings of Fact...

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