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FARMERS & MERCHANTS STATE BANK v. TEVELDAL

No. 18547.

524 N.W.2d 874 (1994)

FARMERS & MERCHANTS STATE BANK, Plaintiff and Appellee, v. Kevin TEVELDAL, d/b/a Kevin's Livestock Management Service, Defendant and Appellant.

Supreme Court of South Dakota.

Decided December 7, 1994.

Attorney(s) appearing for the Case

Michael E. Sebastian, Kimball, for plaintiff and appellee.

Flynn Fischer, Wessington Springs, for defendant and appellant.

SABERS, Justice.

Bank and feed supplier claim priority in competing security interests in hogs owned by farmer and the proceeds therefrom. Feed supplier appeals summary judgment in favor of Bank. We affirm.

FACTS

Farmers & Merchants State Bank (Bank) and Kevin Teveldal d/b/a Kevin's Livestock Management Service (Teveldal) claim priority of competing security interests in hogs owned by Gary Haiar (Haiar) and in the proceeds of sale. On January...

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