Moss v. Hipp

Walker, justice.

The rights of the parties to this appeal turn upon the existence and relative priority of the liens they assert against a 1957 Mack track tractor owned by one A. D. Falls. Their claims, which fall into three categories, arose in the following manner:(1) In July and October, 1960, Falls borrowed a total of $3,500.00 from or through George D. Hipp, respondent, and used the same for a down payment on the tractor and a trailer. Respondent was president of Star Grain Company, Inc., and the advances were made with checks drawn by him on the company’s bank account. No note, chattel…