Rasmussen v. Martin

BURNETT, Judge.

Victor Hugo once described life as “a perpetual succession of events, to which man submits.” So it must have seemed to the principal parties here. Charles Rasmussen and John Martin entered into a complex series of business transactions, saw their relationship become sour, and then lost important records in a flood. A district court was asked to determine the respective obligations of the parties to each other. The controversy focused upon a joint farming venture and upon a real estate transaction.

With respect to the farming venture, the court found that the parties had settled…