Miners & Merchants Bank v. Braden Forestry Services, Inc.

WOLLMAN, Justice.

This is an appeal from an order approving sale of M.H. and Margaret Braden’s cabin property, pledged as collateral for a promissory note executed and delivered by Braden Forestry Services, Inc. to Miners and Merchants Bank (Bank). We affirm.

The facts here are not in dispute.

On January 8, 1981, Braden Forestry Services executed and delivered to Bank a note in the principal sum of $210,000.00. The note was secured by collateral designated in a security agreement executed by Braden Forestry on the same day. Millard M. Braden and Edna Mae Braden, president and secretary of Braden…