Farmers Livestock Exchange of Bismarck, Inc. v. Ulmer
North Dakota Supreme Court
1Opinion of the Court
LEVINE, Justice.
The Farmers Livestock Exchange of Bismarck, Inc., appeals from a district court judgment dismissing its action against Randy and Russell Ulmer d/b/a Ashley Livestock Exchange. We hold that Section 36-05-12, N.D.C.C., [Operator to warrant title to purchaser — Dispute in title of animal sold], takes priority over Section 41-02-48, N.D.C.C., [U.C.C. § 2-403, Power to transfer — Good faith purchase of goods — Entrusting]; that Section 36-05-12, N.D.C.C., was not intended to permit a livestock auction market to recover the net proceeds from the sale of cattle unless it was the…
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- Maurice Shacket and Sylvia Shacket v. Philko Aviation, Inc.Court of Appeals for the Seventh Circuit · 1982
- St. Paul Fire & Marine Insurance Co. v. Amerada Hess Corp.North Dakota Supreme Court · 1979
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