Sperry Corp., Sperry New Holland Division v. Schaeffer

394 N.W.2d 727 (1986)

SPERRY CORPORATION, SPERRY NEW HOLLAND DIVISION, A Corporation, Plaintiff and Appellee,

v.

Stanley SCHAEFFER, Defendant and Appellant.

No. 15180.

Supreme Court of South Dakota.

Considered on Briefs May 22, 1986.

Decided October 8, 1986.

William D. Kunstle of Moore, Rasmussen, Kading & McGreevy, Sioux Falls, for plaintiff and appellee.

James R. Haar, Tripp, for defendant and appellant.

KONENKAMP, Circuit Judge.

Sperry Corporation, Sperry New Holland Division was awarded a deficiency judgment against Stanley Schaeffer (Stanley) as a result of Stanley's co-signing a retail installment…