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MERCHANTS NAT. BANK v. HALBERSTADT

No. 87-35.

425 N.W.2d 429 (1988)

MERCHANTS NATIONAL BANK OF CEDAR RAPIDS, Iowa, Plaintiff-Appellee, v. John T. HALBERSTADT and Mary Susan Halberstadt, Defendants, v. MELBOURNE SAVINGS BANK, Intervenor-Appellant.

Court of Appeals of Iowa.

April 20, 1988.

Attorney(s) appearing for the Case

Charles F. Hinton of Hinton & Zager, Waterloo, and Timothy C. Boller of Gallagher, Langlas & Gallagher, P.C., Waterloo, for intervenor-appellant.

Richard G. Hileman, Jr. and Dennis J. McMenimen of Simmons, Perrine, Albright & Ellwood, Cedar Rapids, for plaintiff-appellee.

James C. Ellefson of Welp, Harrison, Brennecke & Moore, Marshalltown, for defendants Halberstadt.

Considered by OXBERGER, C.J., and DONIELSON and HAYDEN, JJ.

OXBERGER, Chief Judge.

This appeal is brought by Melbourne Savings Bank (Melbourne) challenging the district court's ruling in favor of Merchants National Bank of Cedar Rapids (Merchants). Melbourne asserts the district court erred in finding that Merchants' attachment lien was superior to any security interest Melbourne had in certain coins and pieces of jewelry belonging to the defendants, the Halberstadts. We affirm.

John Halberstadt was indebted to both...

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