Leachman ranch, cattle interests tied up in court
By JAN FALSTAD
The Billings Gazette Staff
The fate of the Leachman Cattle Co. ranch 16 miles southeast of Billings took several more twists on its trail to liquidation this year. . .
For three decades, legendary cattle breeder and master marketer James Leachman ran a first-class bull sale east of Billings that attracted buyers from around the world. After serious financial and legal troubles surfaced in 2002 with outside investors involved, a district judge appointed Billings accountant Jerry Sauther as court receiver to liquidate Leachman Cattle Co. assets, including the ranch.
