Michigan National Bank of Detroit v. Maierhoffer

PEARSON, Judge.

Appellant Michigan National Bank was the plaintiff in an action for replevin and to foreclose a claimed security interest in an aircraft. After a non-jury trial, the court entered a final judgment which, among other things, found that the Bank had no right to possession of the aircraft, that Henry Maierhoffer, a defendant, had title to the aircraft, except for an outstanding mechanics lien, and that damages were to be awarded to Maierhoffer against the Bank and its surety. The aircraft had by agreement been sold by the Bank after delivery of possession of the aircraft to the…