OLSON v. TRI-COUNTY STATE BANK

Nos. 16702, 16724.

456 N.W.2d 132 (1990)

Fred OLSON, Jr., Plaintiff and Appellant, v. TRI-COUNTY STATE BANK, Defendant and Appellee.

Supreme Court of South Dakota.

Decided May 9, 1990.


Attorney(s) appearing for the Case

Wally Eklund of Johnson, Eklund & Davis, Gregory, for plaintiff and appellant.

Steven W. Sanford of Cadwell, Sanford & Deibert, Sioux Falls, for defendant and appellee.


SABERS, Justice.

Fred Olson, Jr. appeals two orders for partial summary judgment in favor of Tri-County State Bank (Bank). By notice of review, the Bank appeals a jury award of punitive damages to Olson.

Facts

Olson was a long-time customer of the Bank and financed most of his ranching operation there. Beginning around 1983, Olson dealt almost exclusively with William Pulse, the manager of the Kimball branch of the Bank. On April 5, 1984,...

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