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GREENBUSH STATE BANK v. STEPHENS

No. C7-90-532.

463 N.W.2d 303 (1990)

GREENBUSH STATE BANK, Appellant, v. Larry STEPHENS, Respondent.

Court of Appeals of Minnesota.

Review Denied February 4, 1991.

Attorney(s) appearing for the Case

Douglas W. Hughes, Patrick D. Moren Law Offices, Roseau, for appellant.

Steven A. Anderson, Hardwick & Mergens, P.A., Warroad, for respondent.

Considered and decided by DAVIES, P.J., and LANSING and THOREEN, JJ.

OPINION

DAVIES, Judge.

Appellant Greenbush State Bank foreclosed a perfected security interest in David Stauffenecker's agricultural equipment. The bank attempted to seize a John Deere 4020 tractor located on respondent Larry Stephens' farm, alleging it belonged to Stauffenecker. When Stephens refused to tender the tractor, claiming he owned it, the bank sued. The trial court ruled that Stephens owned the tractor free and clear of any interest of the bank...

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