N. K. Parrish, Inc. v. Southwest Beef Industries Corporation, Etc.
Court of Appeals for the Fifth Circuit
1Opinion of the Court
CHARLES CLARK, Circuit Judge:
N. K. Parrish, Inc., sued to recover payments on contracts for the purchase of grain. The primary issue on appeal is whether a group of individual taxpayer-investors in a cattle feeding program sponsored by Arizona National Cattle Company is liable to Parrish for grain purchased from Parrish by Arizona National and assigned to the feeding program. We conclude that the investors are liable and that Parrish can elect on appeal to have judgment against them rather than against their agent, Arizona National.
I. FACTS
In October and November of 1974, Arizona National and…
2Cases cited14 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Hubacek v. Ennis State BankTexas Supreme Court · 1958
- Anderson v. McRaeCourt of Appeals of Texas · 1973
- Owen v. KingTexas Supreme Court · 1938
- Lakeway Co. v. Leon Howard, Inc.Texas Supreme Court · 1979
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