CRYSTAL STATE BANK v. COLUMBIA HEIGHTS STATE BANK

No. 43426.

203 N.W.2d 389 (1973)

CRYSTAL STATE BANK, Respondent, v. COLUMBIA HEIGHTS STATE BANK, Appellant.

Supreme Court of Minnesota.

January 5, 1973.


Attorney(s) appearing for the Case

Courey, Nelson & Smith, Minneapolis, for appellant.

Karlins, Grossman, Karlins, Siegel & Brill and Thomas Goodman, Minneapolis, for respondent.

Considered by KNUTSON, C. J., and OTIS, KELLY, and SCHULTZ, JJ.


HAROLD W. SCHULTZ, Justice.*

This is an appeal from a judgment of the Anoka County Municipal Court. The case was tried without a jury upon stipulated facts. The issue presented on appeal is whether the sale of an automobile to the controlling shareholder of an automobile dealership is a sale "in the ordinary course of business" within the meaning of a security agreement creating a security interest...

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