In Re Mccauley's Reprographics, Inc.

638 F.2d 117 30 UCC Rep.Serv. 801 In re McCAULEY'S REPROGRAPHICS, INC., Debtor. DIETRICH-POST COMPANY OF WASHINGTON, INC., Plaintiff, and McCauley's Reprographics, Inc., Appellant, v. ALASKA NATIONAL BANK OF THE NORTH, a National Banking Association, Appellee. No. 79-4549. United States Court of Appeals, Ninth Circuit. Argued and Submitted Sept. 10, 1980. Decided Feb. 2, 1981. Barry W. Jackson, Fairbanks, Alaska, for appellant. Charles E. Cole, Fairbanks, Alaska, for appellee. Appeal from the United States District Court for the District of Alaska. Before WALLACE, HUG and SCHROEDER, Circuit Judges. SCHROEDER, Circuit Judge: 1 This appeal arises out of the Chapter XI Bankruptcy Proceedings of appellant, McCauley's Reprographics, Inc., and concerns whether appellee, Alaska National Bank of the North, attained the status of a secured creditor. 2 The issue is the validity of a financing statement filed pursuant to Alaska Stat. 45.05.770 (U.C.C. 9-402 (1962)). The financing statement was intended to perfect the security interests of the bank in the assets of the debtor corporation. The financing statement, however, as well as the underlying loan documents, improperly identified the…