Legal Opinion

Federal Land Bank of Spokane v. L.R. Ranch Co.

Court of Appeals for the Ninth Circuit

Decided February 15, 1991No. 89-35203PublishedCited by 5 opinions

1Opinion of the Court

FLETCHER, Circuit Judge:

L.R. Ranch Company and five members of the Murnion family1 appeal the district court’s denial of their motion to stay state law foreclosure proceedings2 based on provisions of the federal Agricultural Credit Act of 1987, 12 U.S.C. § 2202 et seq. We lack jurisdiction to review the district court’s order and therefore dismiss the appeal.

BACKGROUND

The Federal Land Bank of Spokane (“the bank”) loaned $600,000 to the borrowers in *861January 1975. The loan was reamortized in June 1981. The bank commenced foreclosure on the mortgage in state court on September 3, 1986 after the…

2Cases cited5 opinions

  1. Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
  2. Catlin v. United StatesSupreme Court of the United States · 1945
  3. Gulfstream Aerospace Corp. v. Mayacamas Corp.Supreme Court of the United States · 1988
  4. Federal Land Bank of Saint Paul v. OverboeNorth Dakota Supreme Court · 1987
  5. Farm Credit Bank of Spokane v. DebufDistrict Court, D. Montana · 1990

3Cited by5 opinions

  1. Premier Farm Credit, PCA v. W-CATTLE, LLCColorado Court of Appeals · 2006
  2. Howerton v. Grace Hospital, Inc.Court of Appeals of North Carolina · 1996
  3. Speck v. Federal Land Bank of OmahaSouth Dakota Supreme Court · 1993
  4. Western Farm Credit Bank v. PrattCourt of Appeals of Utah · 1993
  5. The Federal Land Bank Of Spokane v. L.R. Ranch CompanyCourt of Appeals for the Ninth Circuit · 1991

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