Legal Opinion
Travelers Indemnity Co. v. Manley Cattle Co.
Court of Appeals for the Fifth Circuit
Decided June 10, 1977No. 76-1016PublishedCited by 4 opinions
1Opinion of the Court
CHARLES CLARK, Circuit Judge:
Arvel L. Baker, d/b/a Art Baker Cattle Company, was registered as a dealer in livestock under the Packers and Stockyards Act. 7 U.S.C. §§ 201 et seq.1 In connection with this registration, Baker posted a bond in which Travelers Indemnity Company was surety and a certificate of deposit in the First National Bank of Hereford, Texas. The condition of the bond, expressed in the words of the implementing regulation,2 was:
Applicable if Principal BUYS on commission or as a dealer,(2) If the said Principal shall pay when due to the person or persons entitled thereto the…
2Cases cited3 opinions
- W. I. Bowman v. United States Department of Agriculture and Orville Freeman, as Secretary of Agriculture, and United States of AmericaCourt of Appeals for the Fifth Circuit · 1966
- Arnold Livestock Sales Company, Inc. v. PearsonDistrict Court, D. Nebraska · 1974
- United States v. Eugene v. Wehrheim and Clinton Peterson D/B/A Wehrheim-Peterson Sales PavilionCourt of Appeals for the Eighth Circuit · 1964
3Cited by4 opinions
- Miles v. StarksCourt of Appeals of Texas · 1979
- In Re Frosty Morn Meats, Inc.District Court, M.D. Tennessee · 1980
- American Manufacturers v. Tison HogCourt of Appeals for the Eleventh Circuit · 1999
- The Travelers Indemnity Company and the First National Bank of Hereford v. Manley Cattle Company, Defendants-Third-Party Hugh T. Watson v. Arvel L. Baker, Etc., Third-Party W. C. Marsh, Intervenors-Appellees v. Producers Grain Corporation, Intervenor-AppellantCourt of Appeals for the First Circuit · 1977