Cleef v. Aeroflex Corp.
Court of Appeals for the Ninth Circuit
1Opinion of the Court
TUTTLE, Circuit Judge:
Van Cleef and Brophy, personal representatives of the estate of Hubert Merry-weather and nominal plaintiffs 1 in the diversity action for breach of contract, appeal from a jury verdict for defendant Aeroflex.
1. FACTS
In 1962, Hubert Merryweather was the owner of 50% (5997 shares) of the outstanding shares of Baca Float Ranch, Inc., an Arizona corporation.2 On September 19, 1962, Hubert borrowed $450,000 from Arno Dalby, pledging his stock interest in Baca Float Ranch as security for the loan.3 Hubert’s siblings, George Merryweather and Laura Burgess, guaranteed Dalby’s…
2Cases cited38 opinions
- Clarence Borel v. Fibreboard Paper Products Corporation, Nationalsurety Corporation, Intervenor-AppelleeCourt of Appeals for the Fifth Circuit · 1973
- Frank Coughlin, Padre Concrete Corporation, A. W. Van Cleave, Jr. And Allied Crushed Stone Company v. Capitol Cement Co.Court of Appeals for the Fifth Circuit · 1978
- Marquis v. Chrysler Corp.Court of Appeals for the Ninth Circuit · 1978
- Rutherford v. CarrTexas Supreme Court · 1905
- Ross v. RossArizona Supreme Court · 1964
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3Cited by2 opinions
- Kenneth L. Ragsdell v. The Southern Pacific Transportation Company, a CorporationCourt of Appeals for the Ninth Circuit · 1982
- Van Cleef v. Aeroflex CorporationCourt of Appeals for the Ninth Circuit · 1981