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GUARANTY STATE BANK & TRUST CO. v. VAN DIEST SUPPLY CO.

No. 88,019.

30 Kan. App.2d 1108 (2002)

55 P.3d 357

GUARANTY STATE BANK & TRUST CO. and THE NORTH CENTRAL REGIONAL PLANNING COMMISSION, Appellees, v. VAN DIEST SUPPLY COMPANY, Appellant.

Court of Appeals of Kansas.

Opinion filed September 27, 2002.

Attorney(s) appearing for the Case

George P. Coughlin and Patrick J. Kaine, of Dysart Taylor Lay Cotter & McMonigle, P.C., of Kansas City, and Lance H. Cochran, of Kennedy Berkley Yarnevich & Williamson, Chartered, of Salina, for appellants.

Guy R. Steier, of Frasier & Steier, of Beloit, for appellees.

Before GERNON, MARQUARDT and BEIER, JJ.

BEIER, J.:

Defendant Van Diest Supply Company (Van Diest) appeals summary judgment in favor of plaintiffs Guaranty State Bank & Trust Co. (GSB) and the North Central Regional Planning Commission (the Commission) in their conversion action. We must decide whether Van Diest acquired a purchase money security interest that takes priority over the security interests of GSB and the Commission.

Both GSB and the Commission made loans to debtor Barnard Grain Company...

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