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FIRST NAT. BANK v. JOHN DEERE CO.

No. 15506.

409 N.W.2d 664 (1987)

FIRST NATIONAL BANK IN BROOKINGS, Plaintiff and Appellee, v. JOHN DEERE COMPANY, Defendant, and Sterzinger Implement Company, Defendant and Appellant.

Supreme Court of South Dakota.

July 22, 1987.

Attorney(s) appearing for the Case

Richard J. Helsper, Brookings, for plaintiff and appellee.

Thomas W. Reeves, Hendricks, Minn., for defendant and appellant.

WUEST, Chief Justice.

Appellant implement dealer appeals an order of summary judgment given in favor of Bank as to rights and priorities in secured collateral. We affirm.

Appellee, First National Bank (Bank), of Brookings, South Dakota financed Warren Thompson's (Thompson's) farm operations. In January, 1977, Bank had a perfected security interest in all of Thompson's current and after-acquired farm equipment. In 1982, Bank continued the financing statements...

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