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FIRST NAT. BANK v. PLEASANT HOLLOW FARM

Nos. 18751, 18752.

532 N.W.2d 60 (1995)

FIRST NATIONAL BANK OF OMAHA, a Nebraska corporation, Plaintiff and Appellee, v. PLEASANT HOLLOW FARM, INC., Min-Go Partnership, Robert Woldt, and Dennis Jacobson, Defendants, and Ceres, Inc. and Horace Seixas, Defendants and Appellants, and SVO Specialty Products, Inc., successor to SVO Enterprises, a Division of the Lubrizol Corporation, Intervenor, Defendant and Appellant.

Supreme Court of South Dakota.

Decided May 10, 1995.

Attorney(s) appearing for the Case

Brent A. Wilbur of May, Adam, Gerdes & Thompson, Pierre, for appellee First Nat. Bank of Omaha.

Mark R. Hanson of Nilles, Hansen & Davies, Ltd., Fargo, for appellants Ceres and Seixas.

Drew C. Johnson of Kolker, Fritz, Hogan & Johnson, Aberdeen, for appellant SVO.

MILLER, Chief Justice.

Appellants SVO Specialty Products, Inc. (SVO), Ceres, Inc. and Horace Seixas appeal the trial court's grant of summary judgment to Appellee First National Bank of Omaha (Bank). The central issue on appeal is appellants' assertion that Bank's perfected security interest is ineffective against their claimed superior ownership interests in certain crops. We affirm.

FACTS

In January, 1991, Ceres, which acts as the agent of Seixas...

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