Circle 76 Fertilizer, Inc. v. Nelsen

This case deals with the relative priority of a security interest held by the State Bank of Scotia under Neb. U.C.C. § 9-312 (Reissue 1980), a fertilizer lien claimed by the plaintiff, Circle 76 Fertilizer, Inc., under Neb. Rev. Stat. §§ 52-1101 et seq. (Reissue 1984), and a petroleum products lien claimed by Mid-State Co-op, Inc., under Neb. Rev. Stat. §§ 52-901 et seq. (Reissue 1984), with preference alleged as to crops in possession under Neb. U.C.C. § 9-310 (Reissue 1980). These conflicting claims arose, during the year 1981, over money advanced by each party to and crops grown by farmers…