Gene Thompson and Jean D. Thompson v. Max Book Reviews
Gene Thompson and Jean D. Thompson v. Max by Supreme Court of North Dakota Book Summary
SANDSTROM, Justice. Gene and Jean D. Thompson appealed from district court judgments on an accounting of expenses for and income from potato
crops grown by a joint venture consisting of the Thompsons and Max and Mel Danner. First American Bank and Trust of Grafton
cross-appealed. We hold: (1) the Bank's security interest in future crops ultimately grown by the joint venture, but which
was given to the Bank by the Danners prior to formation of the joint venture, is superior to the interests of the joint venture
and its participants; (2) the Bank is not entitled, under the terms of the security agreement, to storage payments as secured
"proceeds" of the potato crops; and (3) Jean Thompson, as a joint venturer, may not claim an agricultural processor's lien
under Chapter 35-30, N.D.C.C., against crops, and the resulting proceeds, grown by the joint venture. We reject other assertions
of reversible error and, accordingly, affirm the judgments.
Book Name | Gene Thompson and Jean D. Thompson v. Max |
Genre | Law |
Author | Supreme Court of North Dakota |
Published | 27 October 1993, Wednesday |
Language | English |
E-Book Size | 73.83 KB |
Gene Thompson and Jean D. Thompson v. Max (Supreme Court of North Dakota) Book Reviews 2024
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Summary of Gene Thompson and Jean D. Thompson v. Max by Supreme Court of North Dakota
The Gene Thompson and Jean D. Thompson v. Max book written by Supreme Court of North Dakota was published on 27 October 1993, Wednesday in the Law category. A total of 122 readers of the book gave the book 0 points out of 5.
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