Supreme Court of Iowa September 19, 1973, No. 55865 (Richardson v. Dunlap Livestock Auction, Inc.)

UHLENHOPP, Justice.

In this case we must decide whether the defendant can take advantage of a prior adjudication against the plaintiff.

Plaintiff Tedd F. Richardson held a mortgage on cattle owned by Clarence A. Neppl. Neppl sold some of the cattle to Harold Stender and Burdell Jensen through the auction ring of Dunlap Livestock Auction, Inc.