Legal Opinion
IMPERIAL NH3 v. Central Valley Feed Yards, Inc.
California Court of Appeal
Decided May 31, 1977No. Civ. 14583PublishedCited by 8 opinions
1Opinion of the Court
Opinion
KLEIN, J. *
Plaintiff Imperial NH3, a Division of Western Farm Service, Inc., filed this action against defendant Central Valley Feed Yards, Inc. to recover damages for the conversion of the “proceeds” of a hay crop in which plaintiff had a $32,252.79 security interest. Before learning of plaintiff’s lien, defendant had agreed to buy a large quantity of hay from a farmer and had advanced him $68,000 needed for operating expenses. Thereafter, the farmer delivered hay to defendant valued at $59,482. This sum defendant simply offset against the $68,000 previously advanced. The trial court…
2Cases cited4 opinions
- First National Bank of Los Angeles v. MaxwellCalifornia Supreme Court · 1899
- Crest Catering Co. v. Superior CourtCalifornia Supreme Court · 1965
- Henderson v. DrakeCalifornia Supreme Court · 1953
- Busse v. Pacific Employers InsuranceCalifornia Court of Appeal · 1974
3Cited by8 opinions
- The First National Bank and Trust Company of Oklahoma City, Plaintiff v. Iowa Beef Processors, Inc.Court of Appeals for the First Circuit · 1980
- Producers Cotton Oil Co. v. Amstar Corp.California Court of Appeal · 1988
- American National Bank v. CloudCalifornia Court of Appeal · 1988
- Southwest Washington Production Credit Ass'n v. Seattle-First National BankCourt of Appeals of Washington · 1978
- Bank of Stockton v. Diamond Walnut Growers, Inc.California Court of Appeal · 1988
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