Farmers State Bank v. Stewart

SEILER, Judge.

This case involves a claim in conversion by plaintiff bank against defendant Stewart, who operates a sales pavilion in Cameron, where livestock is bought and sold with defendant acting as auctioneer and charging a commission on each sale. 1 Defendants Leroy and Janice Davis borrowed $1,648 from plaintiff, giving their note and chattel mortgage, dated January 20, 1964, in return. In the Davis mortgage there was livestock as follows:

“Thirteen head of Cattle described as follows:

One Holstein Cow, age 5 years

Three Whiteface Heifer calves

Four Holstein calves (2 steers, 2 heifers)

One…