La Junta Production Credit Ass'n v. Schroder

Opinion by

Judge DUBOFSKY.

Plaintiff, La Junta Production Credit Association, appeals the judgment entered in favor of intervenor, Eugene Schroder, for $17,608.80, plus interest and costs. We affirm.

In 1984, defendants, Derral and Gladys Schroder, executed a promissory note payable to plaintiff and also executed a document that gave plaintiff a security interest in certain personal property, including cattle, owned by defendants.

On January 4, 1986, defendants delivered 30 head of cattle to their son, Eugene Schroder, intervenor, who is a licensed veterinarian. Because defendants had lost their…