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TINKLENBERG v. PEOPLES NAT. BANK OF MORA

No. C0-86-2120.

406 N.W.2d 28 (1987)

Marilyn TINKLENBERG, et al., Appellants, v. PEOPLES NATIONAL BANK OF MORA, defendant and third-party plaintiff, Respondent, Gordon Lobdell, et al., third-party defendants, Respondents.

Court of Appeals of Minnesota.

May 19, 1987.

Attorney(s) appearing for the Case

John C. Hoffman, Princeton, for Tinklenberg, et al.

Robert C. Lindig, Mora, for Peoples Nat. Bank of Mora.

Patrick T. O'Neil, Cambridge, for Lobdell, et al.

Heard, considered and decided by CRIPPEN, P.J., and LESLIE and STONE, JJ.

OPINION

LESLIE, Judge.

This is an appeal from a summary judgment dismissing appellants' claims. Appellants contend they have valid claims against respondent for misapplication of proceeds from an auction in which respondent acted as clerk. We affirm.

FACTS

Appellants Marilyn and Richard Tinklenberg executed a note and mortgage in favor of respondent Peoples National Bank of Mora (Peoples) on May 29, 1981 in the amount of $88,000. The proceeds...

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