Legal Opinion
Ulrich v. Federal Land Bank
Michigan Court of Appeals
Decided December 12, 1991No. Docket 120144PublishedCited by 52 opinions
1Per curiam
Plaintiffs appeal as of right from an order that granted summary disposition to defendants pursuant to MCR 2.116(C)(8). We affirm.
Plaintiffs were dairy farmers in Huron County. Defendant Federal Land Bank of St. Paul (flb) is a federally chartered corporation that makes long-term loans to farmers and ranchers. Applications for loans from the federal land bank are made through local federal land bank associations, such as defendant Federal Land Bank Association of Bad Axe-Caro in this case. In May 1980, plaintiffs borrowed $220,000 from flb and secured the note by granting a mortgage on their…
2Cases cited17 opinions
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- Brewster v. Martin Marietta Aluminum Sales, IncMichigan Court of Appeals · 1985
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3Cited by52 opinions
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