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BRIGGS v. THOMPSON

No. A 7601-01003; SC 25544.

598 P.2d 296 (1979)

287 Or. 233

Luard E. BRIGGS, Respondent, v. Harry THOMPSON, Appellant.

Supreme Court of Oregon, Department 1.

Decided August 7, 1979.

Attorney(s) appearing for the Case

Walter A. Barnes, of Huffman & Barnes, Milwaukie, argued the cause and filed the brief for appellant.

Theodore S. Bloom, of Bloom, Ruben, Marandas, Berg, Sly & Barnett, Portland, argued the cause and filed the brief for respondent.

Before DENECKE, C.J., and HOLMAN, HOWELL and LENT, JJ.

DENECKE, Chief Justice.

This is an action for conversion. Plaintiff loaned money to a corporation, Gold Medal. In return he was given a note and granted a security interest in office equipment and other collateral by one Ashton, the president of Gold Medal. Defendant owned the building occupied by Gold Medal, although the premises were leased to a predecessor corporation, Patio Magic. Gold Medal failed to repay the loan and plaintiff brought an action to foreclose...

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