Cargill v. Otwell

The question for decision in this case is, whether money, loaned to be used in making a crop, secured by a duly recorded privilege on the crop and placed to the credit of the borrower under an agreement that it should only be withdrawn for the purposes for which it was loaned and under such supervision as might be necessary to satisfy the lender that it was not being' used for any other purpose, is subject to garnishment?

Our learned Brother of the district court, Hon. S. D. Pearce, in a clear and convincing ■ written opinion held that the money was not subject to garnishment and so satisfied…