JPG, INC. v. DICK BECK PROFESSIONAL MARKETING, INC.

CALABRIA, Judge.

A contract dispute between JPG, Inc. ("JPG") and Dick Beck Professional Marketing, Inc. ("DBP") centered on whether the company's Operating Agreement (the "agreement") required appraisal of company real estate to be limited to its "use in the `cattle business.'" We find the clear language of the agreement required appraisal of the real estate to be based on "gross fair market value" without limitation, and we reverse the trial court's decision.

On 8 January 1997, JPG and DBP, the sole members of Springfield Angus, LLC (the "company"), entered into the agreementand formed the…