- 15 - During the period relevant to these cases, Barnes Ranches kept its own breeding records with respect to its sheep and those belonging to the sheep partnerships. It also issued breeding certificates of its own for some of these sheep (Barnes certificates). Mr. Barnes was a limited partner in RCR #4. Randy was a limited partner in RCR #6. The Barnes family did not employ artificial insemination techniques with respect to their breeding sheep until at least 1987. They began to collect and freeze semen from some of their best rams in perhaps 1987. It was not until at least about 1988 that they began employing embryo collection and transplant techniques with respect to some of their best ewes. No artificial insemination techniques were ever employed with respect to the partnership sheep that Barnes Ranches managed. B. RCR #4's and RCR #6's Respective Bills of Sale, Promissory Notes, Assumption Agreements, and Sharecrop Agreements As indicated previously, the record contains only limited transactional documentation relating to RCR #4's and RCR #6's respective purchases of breeding sheep from Barnes Ranches. This documentation consists of (1) a bill of sale issued by Barnes Ranches listing the specific individual sheep sold to each partnership, (2) a "Full Recourse Promissory Note" issued by each partnership for its sheep, (3) an Assumption Agreement laterPage: Previous 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Next
Last modified: May 25, 2011