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SUNSHINE GRAIN CO. v. UNITED STATES FIDELITY & GUAR. CO.

No. 17602.

270 F.2d 777 (1959)

SUNSHINE GRAIN COMPANY, Appellant, v. UNITED STATES FIDELITY AND GUARANTY COMPANY et al., Appellee.

United States Court of Appeals Fifth Circuit.

October 9, 1959.

Attorney(s) appearing for the Case

Guy Mitchell, Jr., Mitchell & McNutt, Tupelo, Miss., for appellant.

Leslie Darden, New Albany, Miss., Chester L. Sumners, Will A. Hickman, Sumners & Hickman, Oxford, Miss., Smallwood, Darden & Sumners, New Albany, Miss., for appellee.

Before JONES, BROWN, and WISDOM, Circuit Judges.

WISDOM, Circuit Judge.

In the early part of 1957 a group of business men from Pontotoc, Mississippi, and from Red Bay, Alabama, organized the Sunshine Grain Company, to build and operate a grain elevator near Tupelo, Mississippi. W. F. Boone, one of the organizers, was elected to the Board of Directors and made Secretary of the Company. Boone operated a general insurance agency in Pontotoc. He was an experienced agent; for thirty years he had represented the United...

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