Brenton State Bank of Jefferson v. Tiffany

CARTER, Justice.

The defendants in a replevin action appeal from a judgment entered in favor of the plaintiff bank (the bank) for money damages in lieu of possession of collateral. Their primary contention on appeal is that the indebtedness upon which the bank’s claims in the replevin action are based had been fully merged in a judgment entered in favor of the bank against these defendants in a separate action. Accordingly, defendants urge that the bank should not be permitted to obtain two judgments on the same underlying indebtedness. For reasons hereinafter stated, we agree with appellant’s…