GULF COAST FARMERS COOPERATIVE v. Valley Co-Op Oil Mill

OPINION

BISSETT, Justice.

This is a suit for damages resulting from an alleged conversion of “stock” in a corporation and from an alleged breach of contract to sell and deliver fertilizer.

Gulf Coast Farmers Cooperative, hereinafter referred to as “Gulf Coast”, filed suit against Valley Co-op Oil Mill, hereinafter called “Valeo”, to recover damages for the alleged conversion of certain shares of Series II and Series IV stock of Mississippi Chemical Corporation, hereinafter designated as “Miscoa”, and for damages allegedly sustained by reason of Valeo’s refusal to deliver fertilizer to it under…