Legal Opinion

Commercial Credit Business Loans, Inc. v. St. Louis Terminal Field Warehouse Company

Court of Appeals for the Fifth Circuit

Decided June 9, 1975No. 74-2924PublishedCited by 15 opinions

1Per curiam

Defendant, St. Louis Terminal Field Warehouse Co. (St. Louis), physically controlled inventory of Smith’s Pride Food, Inc. (Smith’s), which secured loans made by plaintiff, Commercial Credit Business Loans, Inc. (Commercial), to Smith’s pursuant to a field warehousing bailment agreement among St. Louis, Smith’s and Commercial. Under the agreement, St. louis was not to release Smith’s inventory from its warehouse except as authorized by Commercial.

Commercial’s collateral became impaired by a $200,000 shortage of inventory in the St. Louis warehouse, and Commercial brought suit. The district…

2Cases cited4 opinions

  1. McAllister v. United StatesSupreme Court of the United States · 1954
  2. D. H. Overmyer Co. v. LoflinCourt of Appeals for the Fifth Circuit · 1971
  3. American Surety Company of New York v. Ralph E. Coblentz, as Administrator D.B.N. Of the Estate of Edward Thomas Coblentz, DeceasedCourt of Appeals for the Fifth Circuit · 1967
  4. Gulf Banana Co., Inc. v. Reefer Shipping Corporation, Ltda.Court of Appeals for the Fifth Circuit · 1968

3Cited by15 opinions

  1. In Re Plywood Antitrust Litigation. French Quarter Apartments, Ltd. v. Georgia-Pacific Corporation, Georgia-Pacific Corporation v. Kohn, Savett, Marion & Graf, P. C., Movants-Appellees. Willamette Industries, Inc. v. Kohn, Savett, Marion & Graf, P. C., Movants-Appellees. Lyman Lamb Co. v. Georgia-Pacific CorporationCourt of Appeals for the Fifth Circuit · 1981
  2. Hugh STEWART, Plaintiff-Appellant, v. DEPARTMENT OF HEALTH AND HUMAN SERVICES, Defendant-AppelleeCourt of Appeals for the Eleventh Circuit · 1994
  3. United States v. Randolph C. Fernon, Jr., Etc. And Susanna F. FernonCourt of Appeals for the Fifth Circuit · 1981
  4. Joseph E. Gerasta, Josefina E. Gerasta, Wife of Joseph E. Gerasta v. Hibernia National Bank v. U. S. Building Materials Co., Inc.Court of Appeals for the Fifth Circuit · 1978
  5. Grady Michael Higginbotham, Plaintiff-Appellee-Cross v. Ford Motor Company, Defendant-Appellant-Cross John Henry Lee and Veronica P. LeeCourt of Appeals for the Fifth Circuit · 1976

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