PUBLIC SERV. COM'N v. AMERICAN GRAIN & CATTLE

Civ. No. 9557.

281 N.W.2d 48 (1979)

PUBLIC SERVICE COMMISSION, Appellant, v. AMERICAN GRAIN & CATTLE, INC., Appellee, and Reliance Insurance Company, a Minnesota Corporation, Appellee.

Supreme Court of North Dakota.

Rehearing Denied July 11, 1979.


Attorney(s) appearing for the Case

Ohnstad, Twichell, Breitling, Arntson & Hagen, West Fargo, for appellant; appearance by John M. Arntson and Leland F. Hagen, West Fargo; argued by Leland F. Hagen.

Degnan, McElroy, Lamb, Camrud, Maddock & Olson, Grand Forks, for appellee, Reliance Insurance Company; argued by James L. Lamb, Grand Forks.


ERICKSTAD, Chief Justice.

Public Service Commission (PSC) and a group of bond claimants appeal from a district court judgment entered August 18, 1978, which reversed a PSC order that required the payment by the appellee, Reliance Insurance Company, of a $250,000 roving grain and hay buyers bond to the bond claimants. We affirm the district court judgment.

American Grain & Cattle, Inc., a Texas agricultural cooperative, began doing business in North Dakota...

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