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GLAMORGAN COAL CORP. v. BOWEN

Civ. A. No. 88-0067-C.

742 F.Supp. 308 (1990)

GLAMORGAN COAL CORPORATION, t/a Amvest Funding Company, Plaintiff, v. John G. BOWEN, Defendant.

United States District Court, W.D. Virginia. Charlottesville Division.

July 16, 1990.

Attorney(s) appearing for the Case

Leigh B. Middleditch, Jr., McGuire, Woods, Battle & Boothe, Charlottesville, Va., for plaintiff.

David Z. Izakowitz, Edward R. Slaughter, Jr., Slaughter & Redinger, P.C., Charlottesville, Va., for defendant.

MEMORANDUM OPINION

MICHAEL, District Judge.

This case is before the court on the issue of whether the court should grant the plaintiff, Amvest Funding Company ("Amvest"), possession of horses which are collateral to promissory notes on which the defendant, John G. Bowen ("Bowen"), has defaulted. In December of 1987, Bowen borrowed a total of $490,000.00 from Amvest. Under four separate security agreements, Bowen secured each loan with Polish Arabian horses...

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