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FIRST NAT. BANK v. FIRST SEC. BANK OF MONT.

No. 85-567.

721 P.2d 1270 (1986)

FIRST NATIONAL BANK OF GLASGOW, Plaintiff and Respondent, v. FIRST SECURITY BANK OF MONTANA, N.A., Defendant and Appellant.

Supreme Court of Montana.

Decided June 17, 1986.

Rehearing Denied July 29, 1986.

Attorney(s) appearing for the Case

Gallather, Archambeault & Knierim, Matthew Knierim, Glasgow, for defendant and appellant.

Moulton, Bellingham, Longo & Mather, Sidney R. Thomas, Billings, for plaintiff and respondent.

SHEEHY, Justice.

First Security Bank appeals from an order of the District Court, Seventeenth Judicial District, Valley County granting summary judgment to First National Bank (FNB). We affirm.

The issue in this case is which bank has a prior perfected security interest in certain livestock and their progeny. First Security Bank began lending money to James J. Murnion, as rancher, in 1976 on an unsecured basis. In October, 1977, First Security had Murnion...

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