GEN. ELEC. CREDIT CORP. v. M. D. AIRCRAFT

Nos. 11851, 12107.

266 N.W.2d 548 (1978)

GENERAL ELECTRIC CREDIT CORPORATION, a Division of the General Electric Company, Plaintiff in # 11851, v. M. D. AIRCRAFT SALES, INC., Defendant and Cross-Claimant in # 11851, and Plaintiff and Respondent in # 12107. and Frederick G. MAHONEY, Defendant, Cross-Claimant and Respondent in # 11851, v. David PETERS, Defendant, Cross-Claim Defendant, and Appellant in # 11851, and Defendant and Appellant in # 12107.

Supreme Court of South Dakota.

Decided May 18, 1978.


Attorney(s) appearing for the Case

Gale Fisher, of May, Johnson & Burke, Sioux Falls, for respondents. Patrick J. Kane, of Kean, Kane & Ulrich, Sioux Falls, for appellant.


HALL, Circuit Judge.

These consolidated appeals, # 11851 and # 12107, began as an action in attachment (# 11851) under SDCL 21-17 by General Electric Credit Corporation (hereafter G.E. C.C.) against M.D. Aircraft Sales (hereafter M.D.), a Pennsylvania corporation, and David Peters, an Ohio resident, the transferee of an aircraft from M.D. Frederick Mahoney, president of M.D., was stipulated and ordered as a party after commencement of the action.

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