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FIRST NAT. BANK OF BLOOMING PRAIRIE v. OLSEN

No. C4-86-1309.

403 N.W.2d 661 (1987)

The FIRST NATIONAL BANK OF BLOOMING PRAIRIE, Appellant, v. Christy J. OLSEN, et al., Respondents, and M. James Potts, et al., Intervenors, Orville M. Schroeder, et al., Intervenors, Respondents, First National Bank of Minneapolis, First National Bank of Mabel, Intervenors, James H. Forman, First National Bank of Windom, Gary Sola, et al., Intervenors, Respondents, John Steele, Intervenor.

Court of Appeals of Minnesota.

April 7, 1987.

Attorney(s) appearing for the Case

Christine M. Schild, O'Brien, Ehrick, Wolf, Deaner & Downing, Rochester, for The First Nat. Bank of Blooming Prairie.

Paul V. Sween, Alderson, Ondov, Leonard & Sween, Austin, for Christy J. Olsen.

Judith Rogosheske, Drake & Rogosheske, Edina, for M. James Potts, et al.

Timothy A. Murphy, Rippe, Hammell & Murphy, Caledonia, for Orville M. Schroeder, et al.

Barbara Block Paterick, Dorsey & Whitney, Rochester, for First Nat. Bank of Minneapolis.

Peter J. Gleekel, Winthrop & Weinstine, St. Paul, for First Nat. Bank of Mabel.

Thomas W. Lewis, Lewis & Price, Windom, for James H. Forman.

Gary W. Koch, Gislason, Dosland, Hunter & Malecki, New Ulm, for First Nat. Bank of Windom.

Bob A. Goldman, Tuveson, Goldman & Nelson, Albert Lea, for Gary Sola, et al.

David V. Hoversten, Hoversten, Strom, Johnson & Rysavy, Austin, for John Steele.

Heard, considered and decided by SEDGWICK, P.J., and LANSING and CRIPPEN, JJ.

OPINION

LANSING, Judge.

The First National Bank of Blooming Prairie, a secured creditor of Christy Olsen, brought a replevin action to obtain possession of cattle on Olsen's feedlot when Olsen was unable to pay his debt. The investor-owners claim an interest superior to the bank's and prevailed in the trial court. We affirm the priority of the investor-owners' interest, although on different grounds, and we also affirm the court's division of cattle between...

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