C & H FARM SERVICE v. FARMERS SAV. BANK

No. 88-1299.

449 N.W.2d 866 (1989)

C & H FARM SERVICE CO. OF IOWA; and FS Credit Corp., Appellants, v. FARMERS SAVINGS BANK, Frederika, Iowa; and Tripoli AG Center, Appellees, and Wayne's AG Center; Kenneth Wedemeier; and Vern Wedemeier, Defendants.

Supreme Court of Iowa.

Rehearing Denied January 22, 1990.


Attorney(s) appearing for the Case

William D. Werger and Lori L. Koop of Morain, Burlingame, Pugh, Juhl & Peyton, West Des Moines, for appellants.

Frances L. Gohlke of Carney & Gohlke, Waverly, for appellee Farmers Sav. Bank.

James L. Wagner of Gartelos & Wagner, Waterloo, for appellee Tripoli Ag Center.

Considered by McGIVERIN, C.J., and HARRIS, LARSON, SCHULTZ and ANDREASEN, JJ.


McGIVERIN, Chief Justice.

This matter arises out of plaintiffs' suit for defendants' alleged conversion of collateral and proceeds of collateral in which plaintiffs held a security interest. The suit was tried at law to the district court against two of the defendants, Tripoli Ag Center and Farmers Savings Bank of Frederika. The court denied plaintiffs any recovery from either of these defendants, and plaintiffs appealed. We affirm in part, reverse in part, and remand...

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