Butte County Bank v. Hobley
Idaho Court of Appeals
1Opinion of the Court
SWANSTROM, Judge.
The Hobleys borrowed $24,000 from the Butte County Bank, signing a promissory note and a security agreement covering their farm machinery, farm products and livestock. When the bank was not paid it brought suit for judgment on the promissory note and for claim and delivery of the collateral. A stipulated judgment was entered against the Hobleys, and the collateral eventually was sold. The sale did not generate proceeds sufficient to satisfy the judgment. The Hobleys, alleging defects in the sale, moved for an order declaring the judgment to be satisfied. The trial court…
2Cases cited5 opinions
- MacK Financial Corp. v. ScottIdaho Supreme Court · 1980
- Westgate State Bank v. ClarkSupreme Court of Kansas · 1982
- Snake River Equipment Co. v. ChristensenIdaho Court of Appeals · 1984
- Massey-Ferguson Credit Corp. v. PetersonIdaho Supreme Court · 1981
- Bengoechea v. BengoecheaIdaho Court of Appeals · 1984
3Cited by4 opinions
- Hamill v. LibertySupreme Judicial Court of Maine · 1999
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- In re Biglari Import Export, Inc.United States Bankruptcy Court, W.D. Texas · 1991
- OLIVER-MERCER ELEC. CO-OP., INC. v. DavisNorth Dakota Supreme Court · 2004