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THUMAN v. MONROE CTY. TRUCK & IMPLEMENT CO.

No. 2-58461.

255 N.W.2d 331 (1977)

Marvin THUMAN, Receiver for the Property of Anna and Henry DeJong and Ottumwa Production Credit Association, Appellees, v. MONROE COUNTY TRUCK & IMPLEMENT COMPANY, a Corporation, and Bernice Fitzsimmons, Executor under the Last Will and Testament of Morris Fitzsimmons, Deceased, Appellants.

Supreme Court of Iowa.

June 29, 1977.

Attorney(s) appearing for the Case

Vincent E. Johnson, Montezuma, for appellants.

Bailey C. Webber, Ottumwa, for appellees.

Heard before MOORE, C. J., and RAWLINGS, LeGRAND, REYNOLDSON and McCORMICK, JJ.

LeGRAND, Justice.

This case arises out of an alleged wrongful conversion of security pledged by Anna DeJong and Henry DeJong to Ottumwa Production Credit Association as security for a loan. The property was later taken by Monroe County Truck & Implement Company under claim of a prior lien. Subsequently, Marvin Thuman was appointed receiver of the property of Anna DeJong and Henry DeJong. This litigation ensued to settle the respective claims of plaintiffs and...

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