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Business Organizations Keyed to Macey
Cargill, Inc. v. Hedge
Citation:375 N.W.2d 477 (1985)
On October 24, 1973, defendant Sam Hedge and his wife Annette entered into a contract for deed for the purchase of a 160-acre farm. The Hedges assigned their vendees’ interest to Hedge Farm, Inc. and took possession. Between 1976 and 1979, Sam Hedge purchased farm supplies and services on account from plaintiff Cargill, Inc. Eventually, judgment was entered in favor of Cargill. An execution sale was held with Cargill as the successful bidder. Shortly before the 1-year redemption period expired, the district court enjoined further proceedings on the execution, totaled the redemption period.
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