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OWEN v. OSTRUM

No. 93-039.

855 P.2d 1015 (1993)

Charles W. OWEN, Plaintiff and Respondent, v. Richard M. OSTRUM, Defendant and Appellant.

Supreme Court of Montana.

Decided June 29, 1993.

Attorney(s) appearing for the Case

T. Thomas Singer, Moulton, Bellingham, Longo & Mather, Billings, for defendant and appellant.

Kenneth D. Tolliver, Jeffrey Hunness, Wright, Tolliver & Guthals, Billings, for plaintiff and respondent,

HARRISON, Justice.

Richard M. Ostrum (Ostrum) appeals from judgment, decree of foreclosure, and deficiency judgment entered by the Thirteenth Judicial District Court, Stillwater County. Ostrum's former partner, Charles W. Owen (Owen) brought the action to collect a debt and foreclose a security interest in shares of stock pledged as security for the debt. We affirm.

In 1958, Ostrum purchased a cattle ranch near Fishtail, Montana, in Stillwater County. He operated...

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