Oakes Farming Ass'n v. Martinson Bros.

SAND, Justice.

This is an appeal by the defendants, Mar-tinson Brothers, a partnership, and John Martinson, Linda L. Martinson, Oscar Mar-tinson, and Susan M. Libecki, jointly and severally as individuals [hereinafter referred to as Martinson] from a deficiency judgment in the amount of $260,017.45 and a cross-appeal by the plaintiff, Oakes Farming Association, a North Dakota cooperative [hereinafter referred to as Oakes], from that part of the judgment allowing Martin-son a setoff in the amount of $79,655.00.

On 9 July 1975 Orrin and Naomi Streich [Streichs] sold certain farmland and equipment…