Hildner v. Fox

In the trial court, plaintiffs, James and Virginia Hildner, sought a declaratory judgment that their indebtedness to defendant, American Oil Company, secured by a trust deed on plaintiffs’ home and a security agreement on certain of plaintiffs’ inventory, was extinguished by American Oil’s repossession and subsequent sale of the inventory without having given plaintiffs prior notice of the sale. W. D. Fox, trustee for the trust deed for American Oil was named as a co-defendant herein. Plaintiffs and defendants presented cross-motions for summary judgment. In denying plaintiffs’ motion, the…