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RICHARDSON v. DUNLAP LIVESTOCK AUCTION, INC.

No. 55865.

210 N.W.2d 834 (1973)

Tedd F. RICHARDSON, d/b/a Stockman's Cattle Company, Appellant, v. DUNLAP LIVESTOCK AUCTION, INC., Appellee.

Supreme Court of Iowa.

September 19, 1973.

Attorney(s) appearing for the Case

Raun & Franck, and Mundt & Nepper, Denison, for appellant.

Reimer & Vipond, Denison, for appellee.

Heard before MOORE, C.J., and RAWLINGS, LeGRAND, REES and UHLENHOPP, JJ.

UHLENHOPP, Justice.

In this case we must decide whether the defendant can take advantage of a prior adjudication against the plaintiff.

Plaintiff Tedd F. Richardson held a mortgage on cattle owned by Clarence A. Neppl. Neppl sold some of the cattle to Harold Stender and Burdell Jensen through the auction ring of Dunlap Livestock Auction, Inc. Neppl did not remit the proceeds of the sales to Richardson.

Richardson sued Neppl, Stender, and Jensen (and...

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