Posted in Escambia County

Missing cars

   July 29, 2009

According to our sources, the business issue between Bud Billings and Henry “Cab” Tice involved “disappearing” cars from the Tice car lots.

Billings’ finance company, Worldco Financial Services, financed Tice’s floor plan ( See UCC). Worldco was to be paid as cars were being sold off the lot.

Bud Billings suspected that the missing cars possibly were being retitled in Alabama and shipped to Mexico and/or Honduras to be sold. Worldco was left holding the titles to cars that no longer existed.

Share:

Rules for Comments

Your comments are welcomed, but there are some rules to follow:

(1) Be Nice. No comments that slander another, no racism, no sexism, no personal attacks.

(2) No Harrassing Comments.

(3) No Libel. That’s saying something is not true about someone. Don’t do it.

(4) Keep it clean. Nothing vulgar, obscene, or sexually related. No profanity or obvious substitutions.

(5) I reserve the right to remove any comments that violate our rules or are inappropriate. I am not responsible for what is posted. Comments may not appear right away until they are approved by a moderator.

(6) Limit your comments to the subject in this story only, and limit comments to 1,500 characters or less. Do not post copyrighted material. Comments will not be added to stories that are over five days old.

(7) No posts may advertise a commercial business, political candidate, or political group. Links in a comment aren’t allowed.

8) Commenting too many times may result in your comments not being allowed. Readers will begin to ignore your views.

9) Email me if you believe a comment violates any of these rules, and it will be deleted.