Fahrenwald v. Hemphill

This began as a suit by a guardian to require an accounting. A fourth amended complaint prayed for cancellation of a lease. Under the terms of the lease the defendant operated a livestock ranch which was owned by the plaintiff’s ward. Although the trial court refused to terminate the lease, it granted an accounting. Both parties appeal.

The record, which consists of approximately 1200 pages of typewritten material, reveals that Peter Schmidt was a successful wheat and cattle rancher, and that L. E. Hemphill was a friend and business associate. In 1953, -under a written agreement, Schmidt…