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DUGGAN, INC. v. NINTH D. PROD. CR. ASS'N

No. 88CA0138.

795 P.2d 1347 (1990)

ED DUGGAN, INC., Plaintiff-Appellee, v. NINTH DISTRICT PRODUCTION CREDIT ASSOCIATION, Successor to Mountain Plains Production Credit Association, Defendant-Appellant.

Colorado Court of Appeals, Div. III.

As Modified on Denial of Rehearing February 15, 1990.

Certiorari Granted August 27, 1990.

Attorney(s) appearing for the Case

Wood, Herzog, Osborn & Bloom, P.C., Charles S. Bloom, Fort Collins, for plaintiff-appellee.

Hill, Hill and Manges, P.C., Alden V. Hill, Fort Collins, for defendant-appellant.

Opinion by Judge STERNBERG.

Ninth District Production Credit Association (Association) appeals from a judgment entered on a jury verdict in favor of Ed Duggan, Inc. We affirm.

For several years before 1982, the Association had provided a line of credit to the Norman Land & Livestock Company (Norman) for the operation of a farm and feedlot. It held a properly perfected security interest in Norman's equipment, inventory, and accounts receivable. Because...

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