(Download) "Merchants v. Intermountain Industries" by Supreme Court Of Idaho # Book PDF Kindle ePub Free
eBook details
- Title: Merchants v. Intermountain Industries
- Author : Supreme Court Of Idaho
- Release Date : January 18, 1976
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 61 KB
Description
In June of 1969, Merchants conditionally sold certain personal property to Drug Mart, Inc., (Drug Mart) for approximately $50,000.00, the purchasers of record being Drug Mart and its owners, Charles J. and Ralene M. Nielsen, individually. Requisite UCC filings were made at both the Bannock County Recorders office and the Office of the Secretary of State in Boise. The account subsequently became delinquent and, by agreement of all parties to the transaction, Merchants picked up the personal property and stored it with Pocatello Industrial Park Company (PIPCo). Thereafter, by virtue of an execution issued in another action on behalf of the judgment creditors of Drug Mart, the personal property was sold at a sheriffs sale. At this point, the appellant, Intermountain Industries, Inc., (Intermountain) becomes involved by reason of buying the personalty exposed at sale for its highest bid, which was $467.50.
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