Legal Opinion

Kelley Investment Co. v. Merrill Lynch, Pierce, Fenner & Smith, Inc.

Court of Appeals for the Eighth Circuit

Decided November 29, 1967No. 18718PublishedCited by 4 opinions

1Opinion of the Court

MEHAFFY, Circuit Judge.

Merrill Lynch, Pierce, Fenner & Smith, Incorporated, appellee, brought suit against Kelley Investment Co., a Nebraska partnership, to recover losses sustained as a result of the latter’s trading in the commodity market. Two separate causes of action were alleged and trial to a jury resulted in a verdict and finding in favor of Merrill Lynch. The judgment stemming from the second cause of action, growing out of a joint adventure account carried in the name of Paul Blood Farms, Inc., is the only one challenged by this appeal.

The judgments against appellants on both causes…

2Cases cited4 opinions

  1. St. Paul Fire and Marine Insurance Company v. United States of America for the Use of Dakota Electric Supply Company, Anorth Dakota CorporationCourt of Appeals for the Eighth Circuit · 1962
  2. Soulek v. City of OmahaNebraska Supreme Court · 1941
  3. Dubuque Stone Products Co. v. Fred L. Gray Co.Court of Appeals for the Eighth Circuit · 1966
  4. Fox v. CarmanNebraska Supreme Court · 1941

3Cited by4 opinions

  1. Grand Isle Campsites, Inc. v. CheekSupreme Court of Louisiana · 1972
  2. Major Lewis v. Earl L. Butz, Secretary of Agriculture and the United States of AmericaCourt of Appeals for the Eighth Circuit · 1975
  3. Grand Isle Campsites, Inc. v. CheekSupreme Court of Louisiana · 1972
  4. Kelley Investment Co. v. Merrill Lynch, Pierce, Fenner & Smith, IncorporatedCourt of Appeals for the Eighth Circuit · 1967

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