Legal Opinion

Lamb v. Opelika Production Credit Ass'n

Supreme Court of Alabama

Decided February 23, 1979No. 77-691PublishedCited by 8 opinions

1Opinion of the Court

Opelika Production Credit Association (OPCA) brought suit against Lamb on five promissory notes and Lamb counterclaimed for fraud. After a trial without a jury, judgment was entered for OPCA. We affirm.

OPCA is an instrumentality of the United States organized under the Farm Credit Act of 1933. The Federal Intermediate Credit Bank of New Orleans has direct supervision of all Production Credit Associations in Alabama, Mississippi, and Louisiana. Lamb is a soybean and cattle farmer in Russell County. His farm was originally subject to a real estate mortgage held by the former owners, Brent and…

2Cases cited3 opinions

  1. Southern Ry. Co. v. ArnoldSupreme Court of Alabama · 1909
  2. Mangina v. BushSupreme Court of Alabama · 1970
  3. Beatrice Production Credit Ass'n v. VieselmeyerDistrict Court, D. Nebraska · 1973

3Cited by8 opinions

  1. Mahoney v. ForsmanSupreme Court of Alabama · 1983
  2. Arkel Land Co. v. CagleSupreme Court of Alabama · 1983
  3. Shepherd Realty Co., Inc. v. Winn-Dixie Montgomery, Inc.Supreme Court of Alabama · 1982
  4. Hanalei, BRC Inc. v. PorterHawaii Intermediate Court of Appeals · 1988
  5. Talb, Inc. v. Dot Dot Corp.Supreme Court of Alabama · 1990

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