Rouse v. Rouse

RAWLINGS, Justice.

Judgment debtors, and their security holding relatives, appeal from trial court’s decree overruling their objections to appointed receiver’s report, and according priority to a judgment creditor’s lien. We affirm in part, reverse in part.

May 26, 1967, Farmers Cooperative Elevator Company of Ruthven, Iowa, obtained judgment for $9,927.58, in cause No. 18533, against Eldon and Daisy Rouse.

June 10, 1967, those judgment debtors executed promissory notes, security agreements, and financing statements apparently encumbering all personalty owned by them. These instruments, recorded…