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CARGILL, INC. v. BUNKER HILL ELEVATOR CO.

No. 34A04-8605-CV-157.

505 N.E.2d 75 (1987)

CARGILL, INC., d/b/a Nutrena Feeds, Appellant (Plaintiff below), v. BUNKER HILL ELEVATOR CO., Inc., First Farmers National Bank, and Garry S. Worl, Appellees (Defendants below).

Court of Appeals of Indiana, Fourth District.

March 18, 1987.

Attorney(s) appearing for the Case

Jeffrey G. Price, Peru, for appellant.

James T. Beaman, Beaman, Kauffman & Scheer, Marion, for appellees.

YOUNG, Judge.

This is an appeal from a judgment in favor of First Farmers National Bank in a suit for damages brought by Cargill, Inc. We affirm.

On June 25, 1981, Bunker Hill Elevator signed a security agreement with First Farmers National Bank. The agreement provided that Bunker Hill was giving Farmers a security interest in "all inventory of grain, feed, fert [sic], chemicals, hardware, lumber, and other inventory for sale." The agreement also gave Farmers...

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