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BARTH BROTHERS v. BILLINGS

No. 474.

68 Wis.2d 80 (1975)

227 N. W. 2d 673

BARTH BROTHERS, Plaintiffs, v. BILLINGS, Defendant: FARM LOAN SERVICE, INC., Garnishee Defendant: PRODUCTION CREDIT ASSOCIATION OF MADISON, Impleaded Defendant and Respondent: ALFRED BARTH LIVESTOCK, INC., Impleaded Defendant and Appellant.

Supreme Court of Wisconsin.

Decided April 10, 1975.

Attorney(s) appearing for the Case

For the appellant there was a brief and oral argument by Max H. Klein of Middleton.

For the respondent there was a brief by Jack F. Olson, Julie K. Mitby and Ross, Stevens, Pick & Ross, S. C., all of Madison, and oral argument by James R. Cole of Madison.

HANLEY, J.

The following issues are presented upon appeal:

1. Did PCA have a valid perfected security interest in the cows sold at auction and the proceeds from that sale?

2. Did Barth have a purchase money security interest in the cows he sold Billings which would give it priority over PCA's claim?

3. Did Barth take possession of the cows it sold Billings prior to their sale at auction?

4. Did Barth prove that the cows it sold at auction...

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