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HOLT v. ELLSWORTH FARMERS UNION CO-OP

No. 83-965.

118 Wis.2d 335 (1984)

347 N.W.2d 612

Mark L. HOLT, Plaintiff-Appellant, v. ELLSWORTH FARMERS UNION CO-OP, Defendant-Respondent.

Court of Appeals of Wisconsin.

Decided March 6, 1984.

Attorney(s) appearing for the Case

For the appellant the cause was submitted on the briefs of Edward F. Vlack and Davison & Vlack of River Falls.

For the respondent the cause was submitted on the brief of Robert L. Loberg and Swanson, Loberg & Clark of Ellsworth.

Before Foley, P.J., Dean and Cane, JJ.

DEAN, J.

Mark Holt appeals from a deficiency judgment against him and in favor of the Ellsworth Farmers Union Co-op. Holt borrowed money from the Co-op to buy a truck. After he defaulted on the loan, the Co-op repossessed the truck and sold it for cash and three trade-in vehicles. Holt contends that the truck's sale price was the cash received, plus the allowance given for the trade-in vehicles when the Co-op received them rather than the sale price of the trade-ins...

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