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California Cotton Oil Corp. v. Rabb

Supreme Court of Arizona

November 17, 1960

CALIFORNIA COTTON OIL CORPORATION, a California corporation, and California Cotton Credit Company, a California corporation, Appellants,
v.
Fay RABB, George M. Hill and George H. Rawlins, copartners, doing business under the name of Hope Farms Company, Appellees.

Page 127

A. J. Eddy and Westover, Mansfield, Westover & Copple, Yuma, for appellants.

Rawlins, Davis, Christy, Kleinman & Burrus and Shimmel, Hill, Cavanagh & Kleindienst, Phoenix, for appellees.

LESHER, Justice.

This is an action for breach of contract. From a judgment for the plaintiffs below, defendants appeal.

[88 Ariz. 376] Plaintiffs were the owners of a certain cotton farm located in Yuma County. They leased it to one Weaver for the crop year 1953-1954, under an arrangement by which they were to share equally with Weaver in the net crop income. In that lease plaintiffs agreed to subordinate, or 'waive', their lien on the crop to enable Weaver to obtain crop financing. On March 11, 1953, one of the plaintiffs, Mr. Rabb, met with Weaver and a Mr. Frost to arrange for financing of the crop. Frost was the manager of the C. & F. Gin Company, and is alleged for the purposes of the ensuing transactions to have been the agent of the defendants.

On that same day three documents were drawn. One, signed by Weaver, was a crop mortgage running to defendant California Cotton Credit Company. A second, executed by Rabb in accordance with his lease agreement with Weaver, was a crop lien waiver. The third was called a 'Crop Budget', and is set out in full below:

California Cotton Credit               Crop Budget           No. 53201
    Company Los Angeles,  (Prepare Separate Budget For Each Crop)
    California

Applicant estimates that $49,005.00 will be required for the purposes set forth below in connection with the production of 600 net acres of cotton.

NOTE--Some parts of this form are wider than one screen. To view material that exceeds the width of this screen, use the right arrow key. To return to the original screen, use the left arrow key.

                                           Months
   EXPENSE                     (Show Amounts in Dollars Only)

                            Per Acre  Total   Feb.   March   April    May
                             |      |       |     |       |       |       |
1.  Leveling _______________ |      |       |     |       |       |       |
                             |------|-------|-----|-------|-------|-------|
2.  Plowing, Discing, etc. _ |  8.0 |  4800 |     |  4800 |       |       |
                             |------|-------|-----|-------|-------|-------|
3.  Stalk Cutting __________ |      |       |     |       |       |       |
                             |------|-------|-----|-------|-------|-------|
4.  Cultivating ____________ |  5.0 |  3000 |     |       |       | 1000  |
                             |------|-------|-----|-------|-------|-------|
5.  Chopping _______________ |  5.0 |  3000 |     |       |       |  750  |
                             |------|-------|-----|-------|-------|-------|
6.  Planting _______________ |      |       |     |       |       |       |
                             |------|-------|-----|-------|-------|-------|
7.  Seed ___________________ |  1.6 |  1125 |     |       | 1125  |       |
                             |------|-------|-----|-------|-------|-------|
8.  Irrigating (labor) _____ |  3.8 |  2100 |     |       |  350  |  350  |
                             |------|-------|-----|-------|-------|-------|
9.  Fertilizer _____________ | 10.  |  6000 |     |  6000 |       |       |
                             |------|-------|-----|-------|-------|-------|
10. Hay, Gas and Oil _______ |      |       |     |       |       |       |
                             |------|-------|-----|-------|-------|-------|
11. Living Expense _________ |      |  2100 |     |       |  350  |  350  |
                             |------|-------|-----|-------|-------|-------|
12. Power, Water ___________ | 28.5 | 17100 |     |       | 2850  | 2850  |
                             |------|-------|-----|-------|-------|-------|
13. Dusting ________________ | 16.3 |  9780 |     |       |       | 3260  |
                             |------|-------|-----|-------|-------|-------|
14. ________________________ |      |       |     |       |       |       |
                             |------|-------|-----|-------|-------|-------|
15. ________________________ |      |       |     |       |       |       |
     Total Production Costs  |------|-------|-----|-------|-------|-------|
                             |      | 49005 |     | 10800 | 4675  | 8560  |
16. Land Payments __________ |------|-------|-----|-------|-------|-------|
                             |      |       |     |       |       |       |
17. Implement Payments _____ |------|-------|-----|-------|-------|-------|
                             |      |       |     |       |       |       |
18. Taxes, Interest ________ |------|-------|-----|-------|-------|-------|
     Total Pre-Harvest Cost  |      | 49005 |     | 10800 | 4675  | 8560  |
     Total Cost per Acre     |      | 81.67 |     |       |       |       |
                            Per Acre  Total   June   July    Aug.    Sept.
                             |      |       |      |       |       |       |
1.  Leveling _______________ |      |       |      |       |       |       |
                             |------|-------|------|-------|-------|-------|
2.  Plowing, Discing, etc. _ |  8.0 |  4800 |      | 4800  |       |       |
                             |------|-------|------|-------|-------|-------|
3.  Stalk Cutting __________ |      |       |      |       |       |       |
                             |------|-------|------|-------|-------|-------|
4.  Cultivating ____________ |  5.0 |  3000 | 1000 | 1000  |       | 1000  |
                             |------|-------|------|-------|-------|-------|
5.  Chopping _______________ |  5.0 |  3000 |  750 |  750  |  750  |       |
                             |------|-------|------|-------|-------|-------|
6.  Planting _______________ |      |       |      |       |       |       |
                             |------|-------|------|-------|-------|-------|
7.  Seed ___________________ |  1.6 |  1125 |      |       |       |       |
                             |------|-------|------|-------|-------|-------|
8.  Irrigating (labor) _____ |  3.8 |  2100 |  350 |  350  |  350  |  350  |
                             |------|-------|------|-------|-------|-------|
9.  Fertilizer _____________ | 10.  |  6000 |      |       |       |       |
                             |------|-------|------|-------|-------|-------|
10. Hay, Gas and Oil _______ |      |       |      |       |       |       |
                             |------|-------|------|-------|-------|-------|
11. Living Expense _________ |      |  2100 |  350 |  350  |  350  |  350  |
                             |------|-------|------|-------|-------|-------|
12. Power, Water ___________ | 28.5 | 17100 | 2850 | 2850  | 2850  | 2850  |
                             |------|-------|------|-------|-------|-------|
13. Dusting ________________ | 16.3 |  9780 | 3260 | 3260  |       |       |
                             |------|-------|------|-------|-------|-------|
14. ________________________ |      |       |      |       |       |       |
                             |------|-------|------|-------|-------|-------|
15. ________________________ |      |       |      |       |       |       |
     Total Production Costs  |------|-------|------|-------|-------|-------|
                             |      | 49005 | 8560 | 8560  | 4300  | 3550  |
16. Land Payments __________ |------|-------|------|-------|-------|-------|
                             |      |       |      |       |       |       |
17. Implement Payments _____ |------|-------|------|-------|-------|-------|
                             |      |       |      |       |       |       |
18. Taxes, Interest ________ |------|-------|------|-------|-------|-------|
     Total Pre-Harvest Cost  |      | 49005 | 8560 | 8560  | 4300  | 3550  |
     Total Cost per Acre     |      | 81.67 |      |       |       |       |
                            Per Acre   Total   Oct.    Nov.     Dec.
                             |       |       |       |       |       |
1.  Leveling _______________ |       |       |       |       |       |
                             |-------|-------|-------|-------|-------|
2.  Plowing, Discing, etc. _ |  8.0  |  4800 |       |       |       |
                             |-------|-------|-------|-------|-------|
3.  Stalk Cutting __________ |       |       |       |       |       |
                             |-------|-------|-------|-------|-------|
4.  Cultivating ____________ |  5.0  |  3000 |       |       |       |
                             |-------|-------|-------|-------|-------|
5.  Chopping _______________ |  5.0  |  3000 |       |       |       |
                             |-------|-------|-------|-------|-------|
6.  Planting _______________ |       |       |       |       |       |
                             |-------|-------|-------|-------|-------|
7.  Seed ___________________ |  1.6  |  1125 |       |       |       |
                             |-------|-------|-------|-------|-------|
8.  Irrigating (labor) _____ |  3.8  |  2100 |       |       |       |
                             |-------|-------|-------|-------|-------|
9.  Fertilizer _____________ | 10.   |  6000 |       |       |       |
                             |-------|-------|-------|-------|-------|
10. Hay, Gas and Oil _______ |       |       |       |       |       |
                             |-------|-------|-------|-------|-------|
11. Living Expense _________ |       |  2100 |       |       |       |
                             |-------|-------|-------|-------|-------|
12. Power, Water ___________ | 28.5  | 17100 |       |       |       |
                             |-------|-------|-------|-------|-------|
13. Dusting ________________ | 16.3  |  9780 |       |       |       |
                             |-------|-------|-------|-------|-------|
14. ________________________ |       |       |       |       |       |
                             |-------|-------|-------|-------|-------|
15. ________________________ |       |       |       |       |       |
     Total Production Costs  |-------|-------|-------|-------|-------|
                             |       | 49005 |       |       |       |
16. Land Payments __________ |-------|-------|-------|-------|-------|
                             |       |       |       |       |       |
17. Implement Payments _____ |-------|-------|-------|-------|-------|
                             |       |       |       |       |       |
18. Taxes, Interest ________ |-------|-------|-------|-------|-------|
     Total Pre-Harvest Cost  |       | 49005 |       |       |       |
     Total Cost per Acre     |       | 81.67  -----------------------
                              Budget Approved:         "Applicant"
                             _____________________
                             "Field Inspector"
 

[88 Ariz. ...


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