Plaintiff-appellant, Farmers and Merchants Bank and Trust of Watertown, South Dakota (Bank), filed an action on October 24, 1974 against defendant-respondent, Nick Ksenych (Ksenych), seeking to recover a new 1974 Dodge pickup or its value. Ksenych counterclaimed for title to the vehicle. The case was submitted to the court on a Stipulation of Fact, the court's memorandum decision was delivered...
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