Ram Company, Inc. v. Estate of Kobbeman

The opinion of the court was delivered by

Herd, J.:

This action was commenced by The Ram Company to foreclose a mechanic’s lien. Esther Kobbeman satisfied the debt to Ram and was assigned all rights held by The Ram Company. The action then became one by Planters Bank and Trust Company (Planters) for judgment on its loans and guaranties and foreclosure of its mortgages to Clyde Kobbeman and Esther Kobbeman and to Hi Plains Elevator Machinery, Inc. (Hi Plains).

Clyde and Esther Kobbeman were married in 1946, and thereafter engaged in farming and ranching operations in Lincoln County. During their…