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UNITED STATES v. LAPEYROUSE GRAIN CORPORATION

No. 71-3040.

465 F.2d 991 (1972)

UNITED STATES of America, Plaintiff-Appellant, v. LAPEYROUSE GRAIN CORPORATION, and Demopolis Grain Corporation, Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

August 25, 1972.

Attorney(s) appearing for the Case

Ira De Ment, U. S. Atty., Montgomery, Ala., Walter H. Fleischer, Michael Kimmel, Attys., Dept. of Justice, Washington, D. C., for plaintiff-appellant.

Alex F. Lanhford, III, Mobile, Ala., for defendants-appellees.

Before JOHN R. BROWN, Chief Judge, and RIVES and CLARK, Circuit Judges.

PER CURIAM:

The Eagerton brothers are soybean farmers. In 1968 they mortgaged their crop to the Consumer Credit Corporation, an agency of the Federal Government. Thereafter they were approached by one Tierce who agreed to purchase their crop. Tierce was to satisfy the mortgage as well.

Tierce, in turn, sold the beans to Lapeyrouse Grain Corporation and its subsidiary, Demopolis Grain Corporation (hereinafter referred to as "Lapeyrouse"). Neither Lapeyrouse...

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