Keehner v. A. E. Staley Manufacturing Co.

Plaintiff, Jim E. Keehner, brought suit against A. E. Staley Manufacturing Company, defendant, contending that losses he suffered in the commodity futures market were due to unauthorized transactions by Staley’s agent, Fred H. Cash. Staley counterclaimed for the amount of the debit balance due after Keehner’s account was closed out following his refusal to meet margin calls. Trial was had to the court sitting without a jury. Judgment was entered in favor of Staley on plaintiff’s complaint and on its counterclaim.

We will deal initially with plaintiff’s allegation of procedural errors.…