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FIRST SEC. BANK OF IDAHO v. ABSCO WAREHOUSE

No. 14628.

664 P.2d 281 (1983)

104 Idaho 853

FIRST SECURITY BANK OF IDAHO, N.A., Plaintiff-Respondent-Cross Appellant, v. ABSCO WAREHOUSE, INC., Defendant-Appellant-Cross Respondent.

Court of Appeals of Idaho.

May 31, 1983.

Attorney(s) appearing for the Case

Royce B. Lee, Ririe, Lee, Jenkins & Ball, Idaho Falls, and Randall Gaither, Salt Lake City, Utah, for defendant-appellant-cross respondent.

Kevin T. Sullivan, St. Clair, Hiller, Wood & McGrath, Idaho Falls, for plaintiff-respondent-cross appellant.

WALTERS, Chief Judge.

This matter involves competing claims of two creditors to the inventory of a retail business. We are asked to determine whether the district court erred in granting summary judgment to the First Security Bank of Idaho, N.A. The bank was a holder of a perfected security interest in the inventory, as against Absco Warehouse, a supplier to whom the debtor returned the inventory for credit on an open account...

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