In Re Big River Grain, Inc., Debtor. Anderson Land Company v. Small Business Administration

The sole issue on this appeal is the validity of the certificate of acknowledgment on a quitclaim deed. We conclude that the acknowledgment substantially complies with Idaho law and that the recorded deed constituted constructive notice to third parties subsequently acquiring an interest in the land conveyed.

Big River Grain, Inc. is a closely held Idaho corporation in which Dave and Connie Walker are controlling shareholders. Dave Walker was president of Big River Grain during the transactions involved in this case. Appellant, Anderson Land Co., is a Montana corporation.

On July 13, 1980, Big…