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BALDRIDGE v. REID

No. 11298.

220 N.W.2d 532 (1974)

Robert W. BALDRIDGE and Norma R. Baldridge, Plaintiffs and Respondents, and Farmers State Bank, a corporation, of Mellette, South Dakota, Applicant for Intervention and Appellant, v. Gerald D. REID and Marilyn D. Reid, Defendants and Respondents.

Supreme Court of South Dakota.

Decided August 2, 1974.

Attorney(s) appearing for the Case

Gallagher & Battey, Redfield, for plaintiffs and respondents.

Ronayne & Richards, Aberdeen, for applicant for intervention and appellant.

Peter J. Pagones, Aberdeen, for defendants and respondents.

DOYLE, Justice.

This is an appeal from an order refusing intervention by the appellant Farmers State Bank in an action by plaintiffs Baldridges against defendants Reids.

Baldridges, as owners of certain farmland which was subject to a mortgage payable to Northwestern Mutual Life Insurance Company of Milwaukee, entered into a "Purchase, Exchange and Lease Agreement" with Reids on February 11, 1970.1 On April 16, 1971, Baldridges...

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