Stahn v. Fairmont National Bank

(on reassignment).

This is an appeal from an order dismissing a declaratory judgment action. We affirm.

Appellant Gordon R. Stahn (Stahn), at all times here involved, was a resident of the state of Minnesota, and appellee Fairmont National Bank (Bank) is a national banking corporation incorporated in Minnesota with its principal place of business being located in Fairmont, Minnesota. In Minnesota, Stahn borrowed money from Bank. He executed two promissory notes secured by two mortgages upon three tracts of farm land located in Roberts County, South Dakota. Payments on the notes were to be made…