FIRST NAT. BANK IN WORTHINGTON v. STATE

No. C5-86-1898.

406 N.W.2d 571 (1987)

FIRST NATIONAL BANK IN WORTHINGTON, Appellant, v. STATE of Minnesota, Respondent.

Court of Appeals of Minnesota.

June 2, 1987.


Attorney(s) appearing for the Case

David R. VonHoltum, VonHoltum, Hand, Malters & Shepherd, Worthington, for appellant.

Hubert H. Humphrey, III, Atty. Gen., Paul A. Strandberg, Sp. Asst. Atty. Gen., St. Paul, for respondent.

Heard, considered and decided by LESLIE, P.J., and SEDGWICK and HUSPENI, JJ.


OPINION

HUSPENI, Judge.

The trial court determined that appellant, First National Bank in Worthington, was not entitled to recover from the State of Minnesota under the Family Farm Security Program. On appeal the Bank argues that the trial court erred in finding that the Bank's cancellation of a preceding contract for deed precluded its recovery of the State's guarantee on a subsequent contract for deed. We affirm.

FACTS

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