Legal Opinion
Citizens National Bank of Madelia v. Mankato Implement, Inc.
Court of Appeals of Minnesota
Decided October 19, 1988No. C9-87-2322PublishedCited by 3 opinions
1Opinion of the Court
OPINION
LANSING, Judge.
Citizens National Bank of Madelia appeals the trial court’s judgment that respondent Mankato Implement, Inc. was not liable for conversion when it disposed of farm equipment it received in three separate trades from the bank’s debtor, Harlan Burley. The trial court found that the bank orally consented to Burley’s trading the farm equipment which secured Burley’s debt to the bank. Therefore, the trial court ruled, Mankato Implement received the equipment free and clear of the bank’s lien and was free to dispose of it.
The bank claims the evidence does not support the trial…
2Cases cited9 opinions
- Hauenstein & Bermeister, Inc. v. Met-Fab Industries, Inc.Supreme Court of Minnesota · 1982
- Tonka Tours, Inc. v. ChadimaSupreme Court of Minnesota · 1985
- Garden City Production Credit Assn. v. LannanNebraska Supreme Court · 1971
- Wabasso State Bank v. Caldwell Packing Co.Supreme Court of Minnesota · 1976
- Farmers State Bank v. Farmland Foods, Inc.Nebraska Supreme Court · 1987
4 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Citizens National Bank of Madelia v. Mankato Implement, Inc.Supreme Court of Minnesota · 1989
- National Union Fire Insurance v. Schwing America, Inc.Court of Appeals of Minnesota · 1989
- Peoples State Bank of Wells v. LuttekeCourt of Appeals of Minnesota · 1989