Legal Opinion
Production Credit Ass'n of Chippewa Falls v. Equity Coop Livestock Sales Ass'n
Wisconsin Supreme Court
Decided January 3, 1978No. 75-622PublishedCited by 33 opinions
1Opinion of the CourtAbrahamson, J.
The issue on appeal is whether a livestock auctioneer may be held liable in conversion for selling a farmer’s cattle and paying the proceeds of the sale to the farmer when the cattle are subject to a third party’s security interest.
The facts were stipulated. Production Credit Association of Chippewa Falls (PCA) made a loan to Dennis and Julie Johnson on or about March 6, 1972, 1 for use in the Johnsons’ dairy farming operation. To secure the loan, the Johnsons entered into a security agreement with PCA. Under the agreement, PCA took a security interest in the Johnsons’ cattle herd, 2 feed,…
2Cases cited22 opinions
- Clovis National Bank v. ThomasNew Mexico Supreme Court · 1967
- United States v. Walter A. Hext, Sr., Harlingen Compress CompanyCourt of Appeals for the Fifth Circuit · 1971
- United States v. Sandy Sommerville, Trading and Doing Business Under the Name and Style, New Wilmington Livestock AuctionCourt of Appeals for the Third Circuit · 1964
- United States v. Henry W. Matthews and Nettie Matthews, Doing Business Under the Firm Name and Style of Yuba Livestock Auction CompanyCourt of Appeals for the Ninth Circuit · 1957
- United States v. Charles E. Carson, Being the Same Person as Charles Edward Carson, and W. R. Ellis, D/B/A Ellis Livestock Commission CompanyCourt of Appeals for the Sixth Circuit · 1967
17 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- Mammoth Cave Production Credit Ass'n v. OldhamCourt of Appeals of Tennessee · 1977
- Union State Bank v. WoellNorth Dakota Supreme Court · 1989
- Production Credit Asso. of Madison v. NowatzskiWisconsin Supreme Court · 1979
- Albion Production Credit Ass'n v. Langley (In Re Langley)United States Bankruptcy Court, N.D. Indiana · 1983
- Bank of Landisburg v. BurrussSupreme Court of Pennsylvania · 1987
28 more not listed; retrieve them via the Exa API.