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TOWE FARMS, INC. v. CENT. IOWA PROD. CREDIT

Civ. No. 80-96-B.

528 F.Supp. 500 (1981)

TOWE FARMS, INC. and Edward Towe, Plaintiffs, v. CENTRAL IOWA PRODUCTION CREDIT ASSOCIATION, Belle Plaines Livestock Company and William E. Irvine, Defendants.

United States District Court, S. D. Iowa, C. D.

December 10, 1981.

Attorney(s) appearing for the Case

Thomas E. Towe, Towe, Ball, Enright & Mackey, Billings, Mont., Donald H. Zarley, Zarley, McKee, Thomte, Voorhees & Sease, Des Moines, Iowa, for plaintiffs.

A. Frederic Matthias, Matthias, Tyler, Levin & Nuzum, Newton, Iowa, Anders J. Norgaard, Belle Plaine, Iowa, Robert J. Dieter, Redfern, McKinley, Mason & Dieter, Cedar Falls, Iowa, for defendants.

RULING ON MOTION FOR PARTIAL SUMMARY JUDGMENT AND JUDGMENT OF LIABILITY

VIETOR, District Judge.

This action arises out of the repossession and sale by defendants Central Iowa Production Credit Association (CIPCA) and Belle Plaines Livestock Auction, Inc. (BPLA) of cattle on the farm of William Irvine believed by them to secure a note held by CIPCA on which Mr. Irvine was in default.1 Plaintiffs allege that a number of the cattle...

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