Legal Opinion
Rapid City Pro. Cr. Ass'n v. Transamerica Ins. Co.
South Dakota Supreme Court
Decided February 25, 1971No. File 10776PublishedCited by 7 opinions
1Opinion of the Court
RENTTO, Presiding Judge.
The plaintiff, a membership association consisting of farmers and ranchers formed under the laws of the United States for the purpose of extending credit to its members for their operations, brings this action to recover from the defendant as surety for Madden’s Livestock Market, Inc., of St. Onge, South Dakota, for the wrongful conversion of cattle by Madden’s Market. Mr. J. M. Madden was its principal owner and manager. The bond involved is one required by the laws of South Dakota and the United States to secure a license to operate a livestock market agency, and…
2Cases cited4 opinions
- In Re Estate of HobelsbergerSouth Dakota Supreme Court · 1970
- United States v. Sandy Sommerville, Trading and Doing Business Under the Name and Style, New Wilmington Livestock AuctionCourt of Appeals for the Third Circuit · 1964
- Minneapolis Threshing Machine Co. v. CalhounSouth Dakota Supreme Court · 1916
- United States v. Cassidy Commission Co.District Court, W.D. Oklahoma · 1967
3Cited by7 opinions
- United States v. E. W. Savage & Son, Inc.District Court, D. South Dakota · 1972
- Bennett v. JansmaSouth Dakota Supreme Court · 1983
- United States v. E. W. Savage & Son, Inc.Court of Appeals for the Eighth Circuit · 1973
- Hills Bank & Trust Co. v. Arnold Cattle Co.Appellate Court of Illinois · 1974
- Aberdeen Production Credit Ass'n v. Redfield Livestock Auction, Inc.South Dakota Supreme Court · 1985
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