Vander Vorste v. Northwestern National Bank

This litigation is an outgrowth of North Central investment Corporation and the South Dakota Corporation v. Vander Vorste, 81 S.D. 340, 135 N.W.2d 23. In that case the plaintiffs were awarded judgment against the defendant in the sum of $74,192.50, a part of which was declared to'be a fraud judgment, and granted foreclosure of a chattel mortgage executed by the defendant covering numerous motor vehicles and other items of equipment and supplies used by him in his electrical highline construction business. In connection therewith the Northwestern National Bank, defendant herein, was appointed…