Scoular Grain Co. v. Pioneer Valley Savings Bank

Defendant-appellant, Pioneer Valley Savings Bank, challenges the district court’s issuance of an injunction as sought by the plaintiff-appellee, Scoular Grain Company, in this declaratory judgment action. The injunction prevents Pioneer from proceeding with an execution sale of certain real estate in which both Pioneer and Scoular claim interests. Pioneer’s operative assignments of error merge to claim that the district court’s judgment is legally erroneous. We affirm.

The record reveals the relevant stipulated facts to be that on August 31,1987, Eugene M. O’Neill and Scoular entered into a…