Staff Mortgage and Investment Corporation v. Wikle

550 F.2d 1228 21 UCC Rep.Serv. 887 In the Matter of STAFF MORTGAGE AND INVESTMENT CORPORATION, formerly known as Staff Realty Corporation, dba Sondo Diagnostic Corporation and dba Century Seventy-Two Corporation, Bankrupt. Andrew C. HUFFMAN and Hazel I. Huffman, Plaintiffs-Appellees, v. C. Douglas WIKLE, Trustee, Defendant-Appellant. No. 75-3713. United States Court of Appeals, Ninth Circuit. March 30, 1977. John J. Wilson, argued, Hill, Farrer & Burrill, Los Angeles, Cal., for defendant-appellant. Richard M. Moneymaker, argued, Moneymaker & Wolfson, Inc., Los Angeles, Cal., for plaintiffs-appellees. Appeal from the United States District Court for the Central District of California. Before KUNZIG, Judge, * and WALLACE and ANDERSON, Circuit Judges. J. BLAINE ANDERSON, Circuit Judge: 1 This appeal involves the question of what constitutes perfection of a security interest in promissory notes secured by trust deeds under §§ 9304 and 9305 of the California Commercial Code. (U.C.C. 9-904 and 9-305). The bankruptcy court found the security interest to be unperfected and entered judgment in favor of the trustee in bankruptcy. The district court reversed, finding that…