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BANCORP LEASING v. STADELI PUMP

144,821; CA A34773.

724 P.2d 948 (1986)

81 Or. App. 371

BANCORP LEASING AND FINANCIAL CORP., an Oregon corporation, Respondent, v. STADELI PUMP & CONSTRUCTION, INC., an Oregon corporation; Windsor Island Sand & Gravel, Inc., an Oregon corporation; Larry Stadeli; and Marvin R. Stadeli, Defendants, Otto B. Stadeli, Appellant.

Court of Appeals of Oregon, In Banc.

Resubmitted June 4, 1986.

Decided September 10, 1986.

Attorney(s) appearing for the Case

Larry Jon Pound, Salem, argued the cause for appellant. With him on briefs was Pound & Eichelberger, Salem.

Mark B. Comstock, Salem, argued the cause for respondent. With him on brief was Garrett, Seideman, Hemann, Robertson & DeMuniz, P.C., Salem.

Resubmitted In Banc June 4, 1986.

GILLETTE, Justice Pro Tem.

In this conversion action tried to the court, defendant Otto Stadeli1 (hereafter "Otto") appeals from a judgment in favor of plaintiff. The issue is whether plaintiff acquired by accession a security interest in a diesel engine owned by defendant. If it did, the trial court's judgment is correct. We affirm.

In 1978, plaintiff's predecessor loaned money to Stadeli...

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