UNION FEDERAL SAV. v. INB BANKING CO.

No. 82A01-9105-CV-152.

582 N.E.2d 426 (1991)

UNION FEDERAL SAVINGS BANK, Appellant-Defendant, v. INB BANKING COMPANY SOUTHWEST, Successor in Interest to the Peoples Savings Bank of Evansville, Indiana, Appellee-Plaintiff.

Court of Appeals of Indiana, First District.

December 10, 1991.


Attorney(s) appearing for the Case

Marilyn R. Ratliff, Kahn, Dees, Donovan & Kahn, Evansville, for appellant-defendant.

Donald J. Fuchs, Stephen Hensleigh Thomas, Keith E. Rounder, Statham, Johnson & McCray, Evansville, for appellee-plaintiff.


BAKER, Judge.

This appeal concerns a dispute between two lending institutions, defendant-appellant Union Federal Savings Bank (Union Federal) and plaintiff-appellee INB Banking Company Southwest, successor in interest to The Peoples Savings Bank of Evansville, Indiana (jointly referred to as Peoples). The dispute arose over the priority of the banks' competing security interests in a 1986 Wellcraft boat. The trial court found in favor of Peoples, and Union Federal...

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