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MURLAS BROTHERS COMMODITIES, INC. v. BUSHMAN

No. 76-736.

91 Wis.2d 126 (1979)

280 N.W.2d 769

MURLAS BROTHERS COMMODITIES, INC., Plaintiff-Respondent, v. BUSHMAN, Defendant-Appellant.

Supreme Court of Wisconsin.

Decided June 29, 1979.

Attorney(s) appearing for the Case

For the appellant there were briefs by Tinkham, Smith, Bliss, Patterson & Richards, and oral argument by Duane Patterson, all of Wausau.

For the respondent there was brief by John P. Louderman, III and Eisenberg, Giesen & Ewers, and oral argument by Mr. Louderman, all of Madison.

WILLIAM G. CALLOW, J.

This is an action on a promissory note and a counterclaim for recovery of investment funds. The issues are whether there was a valid antecedent obligation for the note, and whether the trial court erred in its award of damages.

Ernest Bushman (Bushman), a potato grower, began to invest in commodity futures in the Chicago Mercantile Exchange (Exchange) through a Stevens Point agent of Murlas...

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