- 36 - the rancher, as a purchaser of registered sheep be more interested in how the animal was characterized in the previous transaction's Schedule A, or would the rancher want to see the registration certificate for the animal being purchased? The answer is obvious, the only real paper of worth in the industry is the registration certificate. How accurately the animal is characterized in a Schedule A is not nearly as important as whether there is a registration certificate for that animal. The petitioners have studied the data base in detail and will show the Court * * * there were easily enough sheep for these partnerships to purchase. The Petitioners again note that there is no reason to respond to the analysis of obvious errors in the Schedules A's, and will not take up valuable time and space doing so B. Bills of Sale As indicated in the Court's findings of fact, certain bills of sale are the only transactional documentation in evidence identifying and listing the individual breeding sheep that eight of the nine sheep partnerships, including RCR #4 and RCR #6, each purportedly acquired pursuant to a sheep sale agreement with Barnes Ranches. No similar bill of sale or other documentary evidence for OGT 90 was offered. Petitioners additionally offered extensive testimony from Mr. Barnes and Mr. Hoyt concerning (1) their negotiations as to (a) the specific breeding sheep that Barnes Ranches allegedly sold to each partnership and (b) each partnership's stated purchase price for those sheep; and (2) the preparation and issuance by Barnes Ranches to a partnership of the bill of sale listing that partnership's specific breeding sheep. Mr. BarnesPage: Previous 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 Next
Last modified: May 25, 2011