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located in California’s Sacramento Valley. The Barnes’ son,
Randy Barnes, eventually took on a substantial role in the
management and operation of the family sheep business after
completing college in 1985.
David Barnes had extensive experience in breeding several
breeds of purebred sheep. However, by the 1980s, he concentrated
on Rambouillets and Suffolks. Rambouillets have white faces and
cream colored bodies and are a breed noted for producing good
quality wool. Suffolks, on the other hand, have black faces and
legs and cream colored bodies and are a breed noted for producing
good quality meat. By the late 1980s, David Barnes and Randy
Barnes had acquired very good reputations in purebred sheep
breeding circles and generally were considered to be among the
country’s top breeders of Rambouillets and Suffolks.
As a result of various discussions and negotiations with
David Barnes, Jay Hoyt decided to form, operate, and promote
sheep partnerships in a very similar manner as the Hoyt cattle
partnerships.
B. Formation and Operation of the Hoyt Sheep Partnerships
From 1981 through 1991, Jay Hoyt formed eight of the nine
sheep partnerships at issue under and pursuant to the laws of
California. RCR #7 was formed under and pursuant to the laws of
Nevada. From their inception, all nine sheep partnerships were
operated from the Hoyt office located in Elk Grove, California.
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