IN RE H & I PIPE AND SUPPLY CO., INC.

Bankruptcy No. 282-03906, Adv. No. 384-0154.

44 B.R. 949 (1984)

In re H & I PIPE AND SUPPLY COMPANY, INC., Debtor, H & I PIPE AND SUPPLY COMPANY, INC., Plaintiff, v. FIRST NATIONAL BANK OF CROSSVILLE, TENNESSEE, Defendant.

United States Bankruptcy Court, M.D. Tennessee.

December 13, 1984.


Attorney(s) appearing for the Case

Gregory L. Cashion, Manier, White, Herod, Hollabough & Smith, P.C., Nashville, Tenn., for John McLemore, Trustee.

Joseph Looney, Looney, Looney & Conner, Crossville, Tenn., for First Nat. Bank.


MEMORANDUM

KEITH M. LUNDIN, Bankruptcy Judge.

The issue is whether the defendant's security interest is limited to the equipment and machinery specified in the security agreement or whether it extends to inventory and accounts receivable only identified in the financing statement and other documents. This court holds that where there is an unambiguous security agreement that does not reference or incorporate the financing statement or other documents, the...

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