Benson County Cooperative Credit Union v. Central Livestock Ass'n

PAULSON, Justice.

Central Livestock Association, Inc. [hereinafter “Central Livestock”] appeals from a summary judgment entered by the Cass County District Court on March 12, 1980. We reverse the judgment of the district court and remand the case for trial.

Lyla Hagen and her mother, Hazel Ha-gen [hereinafter “Lyla” or “Hazel”], conducted a hog-raising operation near Mad-dock. On February 9, 1976, Lyla applied for a $24,000.00 loan from the Benson County Cooperative Credit Union [hereinafter “Credit Union”]. The Credit Union approved her application and loaned Lyla $24,-000.00 on February 10,…