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AGRISTOR LEASING v. STORLEY

No. 88-1049.

725 F.Supp. 472 (1989)

AGRISTOR LEASING, Plaintiff, v. LaVerne STORLEY and Shirley Storley, Defendants.

United States District Court, D. South Dakota, N.D.

November 29, 1989.

Attorney(s) appearing for the Case

William D. Hull, Timmer & Van Vliet, Minneapolis, Minn. and Robert E. Hayes, Davenport, Evans, Hurwitz & Smith, Sioux Falls, S.D., for plaintiff.

Carlyle E. Richards, Ronayne & Richards, Aberdeen, S.D., for defendants.

MEMORANDUM OPINION

DONALD J. PORTER, Chief Judge.

I. BACKGROUND.

On April 28, 1980, the plaintiff, Agristor, and defendants LaVerne and Shirley Storley (the Storleys) entered into a lease agreement whereby the Storleys leased certain agricultural equipment from Agristor. The Storleys made all of the monthly rental payments required by the lease agreement. The lease agreement expired on May 15, 1988 and the Storleys have made no payments to Agristor...

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