Legal Opinion
Behm v. Fireside Thrift Co.
California Court of Appeal
Decided April 16, 1969No. Civ. 1005PublishedCited by 2 opinions
1Opinion of the CourtGarcano, J.
This appeal involves a contest between two secured creditors of Cobb Garner Vaughn who are competing for the proceeds from the sale of mortgaged cattle. To avoid confusion, we shall hereafter refer to the appellant corporation as “Fireside,” to respondent Walter A. Behm as “Behm,” and to the debtor, Cobb Garner Vaughn, as “Vaughn.”
The pertinent facts are these: In December 1961 Fireside loaned Vaughn $27,200 to purchase a dairy ranch and 68 head of cattle. Vaughn gave Fireside a deed of trust on the ranch and a chattel mortgage on the cattle as security for the loan. However, the ranch was…
2Cases cited15 opinions
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- Fibreboard Paper Products Corp. v. East Bay Union of MacHinists, Local 1304California Court of Appeal · 1964
- California Trust Co. v. CohnCalifornia Supreme Court · 1932
- Hawkins v. HawkinsCalifornia Supreme Court · 1875
- Watson v. PooreCalifornia Supreme Court · 1941
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3Cited by2 opinions
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- In Re: Woodborough Development Company, Debtor. Bruce J. Cann v. Woodborough Development CompanyCourt of Appeals for the Ninth Circuit · 1997