First Security Bank of Utah v. Utah Turkey Growers, Inc.

610 P.2d 329 (1980)

FIRST SECURITY BANK OF UTAH, a National Association, Plaintiff and Appellant,

v.

UTAH TURKEY GROWERS, INC., a Utah Corporation, Defendant and Respondent.

No. 16354.

Supreme Court of Utah.

March 21, 1980.

Don B. Allen & James L. Wilde of Ray, Quinney & Nebeker, Salt Lake City, for plaintiff and appellant.

Tex R. Olsen of Olsen & Chamberlain, Richfield, for defendant and respondent.

HALL, Justice:

Plaintiff appeals from the dismissal of its action for recovery of funds allegedly due under a security agreement.

Defendant is an agricultural marketing cooperative operating in Utah, which…