United States Bankruptcy Court, D. Nebraska September 13, 1982, 11-81717 (Anderson v. Montgomery Ward & Co. (In Re Anderson))

MEMORANDUM

DAVID L. CRAWFORD, Bankruptcy Judge.

This case presents the issue of whether the revolving charge agreement utilized by Montgomery Wards & Co., Inc. (“Wards”) retains its character as a “purchase money security interest” as to all items purchased thereunder.

The facts are undisputed and appear from the order on pretrial conference as follows:

“1.