Estate of Schomer v. Piggot

HARRIS, Justice.

Plaintiff Schomer 1 was a farmer who contracted with defendant Noble 2 to produce and deliver popcorn. Noble had given a $125,000 security interest in its inventory, including after-acquired property, to defendant Citizens Savings Bank.

Schomer delivered the popcorn to Noble and Noble placed it in its inventory. He was not paid for the corn. When Noble defaulted on the loan the bank took possession of the inventory.

Schomer remained unpaid by Noble and brought this action in replevin 3 and for alternative relief. 4 The bank’s motion for summary judgment was sustained on the…