Opinion ID: 1211739
Heading Depth: 1
Heading Rank: 1

Heading: PLEADINGS and FACTS

Text: On June 21, 1960, the action was commenced. Plaintiff alleged that between August 14, 1958, and December 7, 1959, Coots became indebted to him for feed for the sustenance of the cattle involved; that there was due and owing for said feed the sum of $1385.40; that Bank had actual and constructive notice that plaintiff was furnishing the feed and acquiesced and consented to the transactions; that plaintiff has a lien on the cattle belonging to Coots which is prior and superior to the lien of Bank; that Coots and Bank are in possession of the cattle. After service of summons was had and on June 23, 1960, all the cattle were sold at a public sale. The proceeds from the sale were deposited in the account of Coots with Bank. Coots paid Bank the amount due on some notes that he owed to Bank and Bank released the chattel mortgage lien that it had on the cattle. On July 5, 1960, the account of Coots was practically depleted. Bank's answer, filed September 7, 1960, denied that it had any specific knowledge of the contents of plaintiff's petition. Bank alleged that it had loaned money to Coots in 1956; that Coots had executed to it notes which were secured by a chattel mortgage covering the cattle in question; that the notes had been paid and a release of the mortgage lien had been given. Plaintiff alleged in his reply that after the commencement of this action, Bank, with full notice and knowledge of the lien and claim of the plaintiff, wrongfully converted the cattle and the proceeds of the sale; that Bank jointly and unlawfully with Coots sold the cattle and delivered them to sundry purchases; that Bank and defendant, conspiring together, wrongfully used, appropriated and wrongfully converted the proceeds from the sale of the cattle. The evidence discloses that the chattel mortgage from Coots to Bank was filed and recorded prior to the time plaintiff furnished feed to Coots. Plaintiff discussed with Mr. Russell, President of Bank, the account that Coots had with Bank, and Mr. Russell advised him that Coots was making payments on the notes due Bank as provided in the notes. Later Mr. Russell again advised plaintiff that Coots was making payments on the notes due Bank. Plaintiff admitted that he knew about the sale of the cattle and that he took some sale bills to his feed store to advertise the sale as he wanted the cattle to bring as much as possible.