State Bank, Palmer v. Scoular-Bishop Grain Co.
Nebraska Supreme Court
1Opinion of the Court
Colwell, D.J., Retired.
Plaintiff, State Bank, Palmer, Nebraska (Bank), brought this conversion suit against defendant, Scoular-Bishop Grain Co. (Scoular-Bishop), for grain which Scoular-Bishop bought that was subject to a recorded security interest in favor of the Bank. The security agreement required written permission to sell, which was not obtained. Scoular-Bishop claimed that the Bank had knowledge of the sales and that a course of dealing between the parties implied consent, waiver, ratification, and estoppel. At the close of the evidence a $28,941 verdict was directed for plaintiff.…
2Cases cited10 opinions
- Lincoln Grain, Inc. v. Coopers & LybrandNebraska Supreme Court · 1984
- Garden City Production Credit Assn. v. LannanNebraska Supreme Court · 1971
- Castellano v. BitkowerNebraska Supreme Court · 1984
- Central California Equipment Co. v. Dolk Tractor Co.California Court of Appeal · 1978
- Farmers State Bank v. Edison Non-Stock Cooperative Ass'nNebraska Supreme Court · 1973
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3Cited by13 opinions
- Farmers State Bank v. Farmland Foods, Inc.Nebraska Supreme Court · 1987
- Five Points Bank v. Scoular-Bishop Grain Co.Nebraska Supreme Court · 1984
- Battle Creek State Bank v. HaakeNebraska Supreme Court · 1998
- City Bank & Trust Co. v. Van AndelNebraska Supreme Court · 1985
- Neu Cheese Company v. Federal Deposit Insurance Corporation, as Receiver of Bank of Verdigre and Trust Company, a Nebraska Banking Corporation, Federal Deposit Insurance Corporation, as Receiver of Bank of Verdigre and Trust Company, a Nebraska Banking Corporation v. Neu Cheese CompanyCourt of Appeals for the Eighth Circuit · 1987
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