Blackwell Livestock Auction, Inc. v. Community Bank of Shidler

RAPP, Judge.

Trial court defendant, Community Bank of Shidler, appeals a motion for summary judgment in favor of plaintiff, Blackwell Livestock Auction, Inc., BLA, resulting from Bank’s refusal to honor a check deposited by Blackwell.

The facts herein are not disputed by the parties. The trial court defendant, Clarence Mullins,1 was a commission agent engaged in purchasing livestock on another’s behalf. Under the Federal Packers and Stockyards Act, 1921, he was a “Market Agency” and was required to post a reasonable bond.2

Blackwell, or BLA, is an auction facility for sellers and buyers of…