Dwyer v. Cooksville Grain Co.

Landlord’s crop lien versus bank’s security interest.

Which comes first?

We will not presume to overrule 110 years of our supreme court’s settled law!

The crop lien takes precedence.

The Facts

In February of 1981, Edward Dwyer "leased 300 acres of farm property to Robert Morefield for $60,000. One week later, Morefield borrowed $24,000 from the McLean County Bank in order to purchase a new combine to farm the rented property. To secure the loan, Morefield entered into a security agreement with the bank, giving the bank a security interest in the crops grown on the property. In accordance with…