Ram Co. v. Estate of Kobbeman

The opinion of the court was delivered by This action was commenced by The Ram Company to foreclose a
mechanic's lien. Esther Kobbeman satisfied the debt to Ram and
was assigned all rights held by The Ram Company. The action then
became one by Planters Bank and Trust Company (Planters) for
judgment on its loans and guaranties and foreclosure of its
mortgages to Clyde Kobbeman and Esther Kobbeman and to Hi Plains
Elevator Machinery, Inc. (Hi Plains). Clyde and Esther Kobbeman were married in 1946, and thereafter
engaged in farming and ranching operations in Lincoln County.
During their marriage the Kobbemans acquired more than 1,000
acres of land and a remainder interest in 320 acres of land
subject to the life estate of Clyde's father.