Court Opinion

ID: 9583232
Source: CourtListenerOpinion
Date Created: 2023-08-21 22:36:19.110269+00
Date Added: 2024-06-11T13:38:53.727497
License: Public Domain

*568SABERS, Justice
(concurring in result).
I concur in the result only, because, contrary to footnote 2 of the majority opinion, liability of the livestock auction company is determined by Aberdeen Production Credit v. Redfield Livestock, 379 N.W.2d 829 (S.D.1985). As stated therein at page 832:
The sale barns, acting as Bellman Farms’ agents, had constructive notice ... of security agreements filed pursuant to statute. SDCL 57A-1-201(25) and (26), and SDCL ch. 57A-9. See also Shelby v. Bowden, 16 S.D. 531, 94 N.W. 416 (1903); Parrish v. Mahany, 10 S.D. 276, 73 N.W. 97 (1897). The sale barns failed to heed that notice at their peril.
Therefore, in the absence of consent or waiver, the sale barn or livestock auction company is liable to the secured creditor for conversion. Rensch v. Riddle’s Diamonds of Rapid City, 393 N,W.2d 269 (S.D.1986); SDCL 21-3-3.