Legal Opinion

Mitchell-Huron Production Credit Ass'n v. Welsh

District Court, D. South Dakota

Decided July 2, 1958No. Nos. 1100, 1101, 1102, 1103, 1104, 1105, 1106, 1107PublishedCited by 7 opinions

1Opinion of the Court

BECK, District Judge.

The plaintiffs in these eight cases, consolidated for trial, are Production Credit Associations organized in 1934 under the Farm Credit Act of 1933, with combined operating areas covering most of the State of South Dakota. Their functions are to make loans to farmers for agricultural purposes. Local operations are in control of boards of directors composed of farmer-members selected to serve. Their rights and powers are those inherent as a matter of general law, others delegated by federal statutes, treasury regulations and others prescribed by the federal supervising…

2Cases cited7 opinions

  1. Federal Trade Commission v. Pacific States Paper Trade Ass'nSupreme Court of the United States · 1927
  2. Silberschein v. United StatesSupreme Court of the United States · 1924
  3. Rhode Island Hospital T. Co. v. COM'NR. OF INTERNAL REVENUECourt of Appeals for the First Circuit · 1928
  4. United States v. BeckmanCourt of Appeals for the Third Circuit · 1939
  5. CITIZENS'NAT. BANK v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1935

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3Cited by7 opinions

  1. Bellefontaine Federal Sav. & Loan Asso. v. CommissionerUnited States Tax Court · 1960
  2. Ehlen v. United StatesUnited States Court of Claims · 1963
  3. In re Farmers Federation Cooperative, Inc.District Court, W.D. North Carolina · 1965
  4. Steele County Building & Loan Ass'n v. Commissioner of TaxationSupreme Court of Minnesota · 1962
  5. Bellefontaine Federal Sav. & Loan Asso. v. CommissionerUnited States Tax Court · 1960

2 more not listed; retrieve them via the Exa API.

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