First State Bank of Athens, Mabank Branch v. Purina AG Capitol Corp.

HADDEN, Justice.

This case involves a dispute between two competing lien creditors over proceeds from the sale of 818 head of cattle. One of the competing creditors, Purina Ag Capital Corp. and Purina Mills, Inc. d/b/a Purina Cattle Management Services (collectively “Purina”), filed a motion for summary judgment on the entire dispute between it and the other creditor, First State Bank of Athens, Mabank Branch (“Bank”), which the trial court granted. In five issues presented, the Bank appeals the trial court’s ruling. We will reverse and remand.

I

PROCEDURAL AND FACTUAL BACKGROUND

On December 11,…