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IN RE CLOYD

Bankruptcy No. 3-82-00648, Adv. No. 3-82-0459.

23 B.R. 51 (1982)

In re Dennis Dale CLOYD, Barbara Ann Cloyd, Debtors. William L. LANCASTER, III, Trustee, Plaintiff, v. FIRST NATIONAL BANK OF GREENEVILLE, TENNESSEE, Defendant.

United States Bankruptcy Court, E.D. Tennessee.

August 31, 1982.

Attorney(s) appearing for the Case

Margaret B. Fugate, Chattanooga, Tenn., for plaintiff.

G.P. Gaby, Greeneville, Tenn., for defendant.

MEMORANDUM

CLIVE W. BARE, Bankruptcy Judge.

The controversy between the plaintiff trustee and the defendant First National Bank of Greeneville, Tenn., (Bank) involves the purported substitution of collateral. Trial was held July 6, 1982.

I

The debtor, Dennis Dale Cloyd, a farmer and cattle buyer and seller, borrowed money from the Bank on August 18, 1980, August 25, 1980, and October 30, 1980, the loans being evidenced by three notes secured...

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