Mershon v. Beasley
Court of Appeals for the Eighth Circuit
1Opinion of the Court
MORRIS SHEPPARD ARNOLD, Circuit Judge.
Between 1983 and 1987, brothers Clark, Paul, and Gary Mershon farmed as a partnership in Bates County, Missouri. During that time, they borrowed money through a line of credit with the Missouri Farmers Association (MFA). The loan was secured by a lien on the crops to be harvested by the Mershons. In mid-1987, after learning that the Mershons had deposited directly into their personal bank account a check from a buyer of some of their crops, the MFA filed a civil suit against the Mershons in state court to collect on the outstanding loan (the MFA won this…
2Cases cited13 opinions
- Dennis v. SparksSupreme Court of the United States · 1980
- James N. Gramenos v. Jewel Companies, Inc.Court of Appeals for the Seventh Circuit · 1986
- Chauncey L. Moore, Jr. v. The Marketplace Restaurant, Inc.Court of Appeals for the Seventh Circuit · 1985
- Sanders v. Daniel International Corp.Supreme Court of Missouri · 1984
- Jane Fonda v. L. Patrick Gray, Etc., Morgan Guaranty Trust Company of New York and City National Bank, DefendantsCourt of Appeals for the Ninth Circuit · 1983
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- Magee v. Trustees of Hamline UniversityDistrict Court, D. Minnesota · 2013
- Routh Wrecker Service, Inc. v. WashingtonSupreme Court of Arkansas · 1998
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