Peyton v. Nielsen

Two actions have been consolidated, tried, and submitted as one. In the first action the commissioner of banks of the state of Minnesota, in charge of the Browns Valley State Bank, Browns Valley, Minn., sought by claim and delivery to gain possession of certain personal property of the defendant Nielsen for the purpose' of foreclosing a chattel mortgage held by the Browns Valley Bank. In the second action the superintendent of banks of the state of South ‘Dakota, in charge of the State Bank of Sisseton, sought to restrain the foreclosure of the chattel mortgage held by the Browns Valley State…