In the Matter of Ultra Precision Industries, Inc., a California Corporation, Bankrupt (Two Cases). National Acceptance Company of California v. Community Bank, National Acceptance Company of California v. Wolf MacHinery Company

503 F.2d 414 15 UCC Rep.Serv. 281 In the Matter of ULTRA PRECISION INDUSTRIES, INC., a California corporation, Bankrupt (two cases). NATIONAL ACCEPTANCE COMPANY OF CALIFORNIA, Petitioner-Appellant, v. COMMUNITY BANK, et al., Respondent-Appellee. NATIONAL ACCEPTANCE COMPANY OF CALIFORNIA, Petitioner-Appellant, v. WOLF MACHINERY COMPANY, Respondent-Appellee. Nos. 72-3088, 72-3089. United States Court of Appeals, Ninth Circuit. Sept. 18, 1974. 1 Joseph Weissman (argued), of Buchalter, Nemer, Fields & Savitch, Los Angeles, Cal., for appellant. 2 George E. Leaver (argued) of Getz, Aikens & Manning, Los Angeles, Cal., for appellee Community Bank. 3 Frank A. Riehle, Jr. (argued), Los Angeles, Cal., for appellee Wolf Machinery Co. 4 Before CHAMBERS and CARTER, Circuit Judges, and EAST, Senior District Judge. * OPINION EAST, Senior District Judge: THE APPEAL 5 National Acceptance Company of California (National) appeals from the two several orders of the District Court denying its Petition for Review and affirming the referee's two several rulings or orders that the security interest held by Community Bank (Bank) and Wolf Machinery Company (Wolf) in three large Rigid Hydro Copy…