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FRANTZ v. FIRST NAT. BANK & TRUST CO.

No. 84-32.

687 P.2d 1159 (1984)

Ron FRANTZ and Fanita Frantz, Appellants (Defendants), Midwest Uncuts, Inc., an Iowa corporation (Defendant), v. FIRST NATIONAL BANK & TRUST COMPANY OF WYOMING, Appellee (Plaintiff).

Supreme Court of Wyoming.

September 28, 1984.

Attorney(s) appearing for the Case

Richard Wolf and Martin J. McClain, Cheyenne, for appellants; oral argument by Martin J. McClain, Cheyenne.

Todd S. Welch of Loomis, Lazear, Wilson & Pickett, Cheyenne, for appellee.

Before ROONEY, C.J., and THOMAS, ROSE, BROWN and CARDINE, JJ.

CARDINE, Justice.

This is an appeal from a judgment in favor of First National Bank and Trust Company of Wyoming (hereinafter bank) against appellants Frantzes based upon the bank's secured interest in the balance due upon the purchase of the assets of Capitol Optical by appellants. We will affirm.

Appellants raise a single issue on appeal: "Whether a secured creditor can collect from the purchaser of a business, which had assets pledged as collateral...

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