Evergreen Farms v. First National Bank & Trust Co.

I. INTRODUCTION

Evergreen Farms (Evergreen) brought this action for breach of contract and fraudulent misrepresentation against First National Bank & Trust Company (First National). Evergreen sought to recover damages arising from its loan agreement with First National. A jury awarded Evergreen $172,500, and First National appeals.

II. FACTS

1. Evergreen Farms

Evergreen Farms is a general partnership engaged in farming and cattle feeding. The partners are Julius, Lois, and Ricky Osten. In the 1970’s, First National began loaning money to Evergreen. In 1986, Evergreen began custom feeding cattle…