SIMPLOT v. WILLIAM C. OWENS, M.D., P.A.

No. 18548.

805 P.2d 449 (1990)

119 Idaho 243

Don J. SIMPLOT, Plaintiff-Appellant, v. WILLIAM C. OWENS, M.D., P.A., an Idaho corporation; William C. Owens, M.D., as trustee for William C. Owens, M.D., P.A., Pension Plan and William C. Owens, M.D., P.A., Profit Sharing Plan, Defendants-Respondents, and Chester D. Howard and Randi D. Howard, husband and wife, Defendants.

Supreme Court of Idaho, Boise, September 1990 Term.

November 16, 1990.


Attorney(s) appearing for the Case

Clemons, Cosho & Humphrey, Boise, for plaintiff-appellant; Stanley W. Welsh (argued).

Imhoff & Lynch, Boise, for defendants-respondents; Richard A. Cummings (argued).


BISTLINE, Justice.

The district court upheld the hearing examiner's finding that respondent Owens held a valid security interest in a 1956 GMC bus owned by appellant Simplot. The Court of Appeals affirmed the district court's decision. We granted appellant's petition for review of the decisions below, which held that a security interest was created by two promissory notes, each containing the words "SECURITY: 1956 GMC bus," and by a certificate of title endorsed and...

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