MIDSTATES EXC. v. FARMERS & MERCHANTS BK.

Nos. 15400, 15401, 15426 and 15430.

410 N.W.2d 190 (1987)

MIDSTATES EXCAVATING, INC., Plaintiff and Appellee, v. FARMERS AND MERCHANTS BANK & TRUST OF WATERTOWN, Defendant and Appellant. WATER PRODUCTS COMPANY OF SOUTH DAKOTA, a South Dakota Corporation, Plaintiff and Appellee, v. FARMERS AND MERCHANTS BANK & TRUST OF WATERTOWN, Defendant and Appellant.

Supreme Court of South Dakota.

Decided August 5, 1987.

Rehearing Denied September 9, 1987.


Attorney(s) appearing for the Case

Scott Sumner of Banks, Johnson, Monserud, Johnson, Colbath & Huffman, Rapid City, for plaintiff and appellee Midstates Excavating, Inc.

Robert L. Thomas of May, Johnson, Doyle & Becker, Sioux Falls, for plaintiff and appellee Water Products Co. of South Dakota.

Alan L. Austin and Arthur M. Hopper of Austin, Hinderaker, Hackett & Hopper, Watertown, for defendant and appellant.


MILLER, Justice.

This action, premised on letters of credit, centers around a forced-main sewer system project located on Indian tribal property near Wagner, Charles Mix County, South Dakota. The trial court enforced the letters of credit. We affirm.

PARTIES

Appellant Farmers and Merchants Bank & Trust of Watertown, South Dakota (Bank), issued letters of credit in lieu of a payment and performance bond on behalf of Cho-Mid Construction (Cho-Mid...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases