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FARMERS STATE BK. v. PRODUCTION CRED. ASS'N OF ST. CLOUD

No. 61,046

243 Kan. 87 (1988)

755 P.2d 518

FARMERS STATE BANK, Appellee, v. PRODUCTION CREDIT ASSOCIATION OF ST. CLOUD, Appellant.

Supreme Court of Kansas.

Opinion filed April 29, 1988.

Attorney(s) appearing for the Case

R. Kent Pringle, of Coombs, Pringle & Horn, of Chanute, argued the cause and was on the brief for appellant.

Jesse T. Randall, of Mound City, argued the cause and was on the brief for appellee.

The opinion of the court was delivered by

HERD, J.:

Production Credit Association (PCA) of St. Cloud, Minnesota, appeals the district court's orders in a case involving the recovery of proceeds from the sale of cattle pledged as security to Farmers State Bank (Farmers) of Blue Mound, Kansas, for loans made to rancher Virgil Girtz.

Virgil Girtz conducted a commercial and purebred South Devon cattle operation in Minnesota. The operation was financed...

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