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VALMONT CREDIT CORP. v. McILRAVY

No. 14242.

344 N.W.2d 691 (1984)

VALMONT CREDIT CORPORATION, Plaintiff and Appellee, v. W.T. McILRAVY, Marion McIlravy, Louis J. Van Roekel, and Carol Van Roekel, d/b/a McVan Farm & Ranch, Defendants and Appellants.

Supreme Court of South Dakota.

Decided February 29, 1984.

Attorney(s) appearing for the Case

Brent A. Wilbur of May, Adam, Gerdes & Thompson, Pierre, and Mark F. Enenbach, McGrath, North, O'Malley & Kratz, P.C., Omaha, Neb., for plaintiff and appellee.

William J. Srstka, Jr. of Duncan, Olinger, Srstka, Lovald & Robbennolt, P.C., Pierre, for defendants and appellants.

DUNN, Justice.

This is an appeal from a summary judgment granted to plaintiff Valmont Credit Corporation (Valmont) in an action to recover amounts due under the terms of a purchase security agreement. We affirm.

W.T. McIlravy, Marion McIlravy, Louis J. Van Roekel, and Carol Van Roekel, doing business as McVan Farm & Ranch (appellants), operate a corporation which farms land in Stanley County, South Dakota. In March of 1979, appellants and Sandhills Implement...

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