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STATE SECURITIES CO. v. NORFOLK LIVESTOCK SALES CO.

No. 37922.

191 N.W.2d 614 (1971)

187 Neb. 446

STATE SECURITIES COMPANY, a Corporation, Appellant, v. NORFOLK LIVESTOCK SALES CO., Inc., Appellee.

Supreme Court of Nebraska.

November 12, 1971.

Attorney(s) appearing for the Case

Hutton, Hutton & Garden, Norfolk, for appellant.

Jewell, Otte, Pollock & Gatz, Norfolk, for appellee.

Heard before WHITE, C. J., and SPENCER, BOSLAUGH, SMITH, McCOWN, NEWTON, and CLINTON, JJ.

CLINTON, Justice.

The plaintiff is a licensed lending agency. The defendant is a livestock auction company selling cattle on commission and licensed under the Federal Packers and Stockyards Act of 1921. The action is one for conversion of certain livestock, the property of one Gary L. Apfel, upon which the plaintiff had a perfected security interest. The case was tried by the judge without a jury upon the pleadings and a stipulation of the parties as to the evidence...

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