The Secured Transactions Article of the Commercial Code and Section 60 of the Bankruptcy Act

The secured creditor enjoys several advantages over his unsecured brethren. If the debtor defaults on his obligation, the secured creditor is sometimes empowered to take matters in his own hands, sell the property covered by his security, and reimburse himself out of the proceeds without the time and expense of the lawsuit to which the unsecured creditor must resort. If the debtor disposes of all of his property, the secured creditor\u27s claim, if properly perfected, follows the property into the hands of the transferee and may be satisfied therefrom without the necessity of litigation to establish that the transfer was a fraudulent conveyance. If unsecured creditors go after property of the debtor to satisfy their claims, the secured creditor\u27s interest in the property covered by his security, if properly perfected, is immune from their levies. And if the debtor goes into bankruptcy, the secured creditor has first claim on the proceeds of the property covered by his security, after which he shares pro rata on any unpaid balance with the full claims of unsecured creditors in the remainder of the debtor\u27s assets

Why a State Bill of Rights?

Historical perspective reveals that the recent activism of the federal courts in the area of political and civil rights was largely necessitated by the unwillingness of state courts to recast those rights in molds adapted to our changing society. Federal supplementation of the states\u27 inaction in this field has now regrettably caused many state courts to assume a posture of even more begrudging conservatism in the interpretation and implementation of our political and civil tights. In this background, Professor Countryman advocates state legislative initiative to formulate new and broad general principles for protecting our fundamental rights, He identifies three major reasons for such action—the desirability of expanding federal interpretations of constitutional rights, the need to extend several constitutional protections to application against the States, and the need to delineate new rights not comprehended within the Bill of Rights appended to the United States Constitution. [This article was presented at the State Constitutional Revision Conference, sponsored by the University of Washington School of Law, Seattle, Washington (June 13-14, 1968).

Academic Narratives: What\u27s the Story?

This article investigates the relationship between narrative behavior and the conduct of academic programs. In everyday parlance, the term narrative assumes a wide range of meanings from the most all-embracing to the most singular. Narrative informs the identity and behavior of individuals, institutions and societies. In fact, narrative is the principal agency whereby individuals, institutions and societies are constituted in the first place. Organizational narratives are as prevalent in academic settings as elsewhere. One such narrative is the sort that embraces the organization\u27s life-story

Wetting of Hot Metal Filaments by Molten Metals

In making thin films of metal by evaporation it is often convenient to evaporate the metal from an incandescent metal filament. In order that evaporation may take place properly the molten metal being evaporated must wet the incandescent filament. The work previously reported on the wetting of metal filaments by molten metals has been extended to include tantalum as a filament material. This report brings the work up to date. It includes the following metals as filament materials: nickel, platinum, molybdenum, tantalum, and tungsten. The following metals were evaporated from the molten state: aluminum, silver, gold, copper, nickel, chromium, and platinum