Park Plaza State Bank v. CWS Development Co.

Knutson, Justice. *

This is an appeal from a judgment involving two actions that were consolidated for trial in the district court to determine who is entitled to certain contract proceeds from a building contract.

While the facts as related in the briefs are somewhat complicated, they can be simplified by simply referring to the contracts involved and the parties seeking to recover the proceeds hereinafter mentioned.

Modular Structures, Inc., (hereinafter Modular) is a Minnesota corporation and was engaged in the business of building prefabricated modular housing units in its factory at…