Producers Livestock Loan Company, a Corporation v. Idaho Livestock Auction, Inc., a Corporation

DENMAN, Chief Judge.

This is an appeal from a judgment of the United States District Court for the District of Idaho, Eastern Division, denying appellant recovery of damages for conversion of cattle on which it held a mortgage. Appellant contends that the District Court erred in construing a contract as discharging its cause of action here in issue. Appellant also contends that the evidence does not support the District Court's finding that by its conduct appellee waived its rights under the mortgage which prohibited sale of the cattle without its consent. The latter contention we do not…