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MILLER v. FEDERAL LAND BANK OF SPOKANE

Civ. Nos. 1139 and 1140.

371 F.Supp. 1105 (1974)

Robert W. MILLER et al., Plaintiffs, v. The FEDERAL LAND BANK OF SPOKANE, a foreign corporation, Defendant. D. E. LACKEY and Dora Rose Lackey, Plaintiffs, v. The FEDERAL LAND BANK OF SPOKANE, a foreign corporation, Defendant.

United States District Court, D. Montana, Billings Division.

March 6, 1974.

Attorney(s) appearing for the Case

William T. Kelly, Billings, Mont., for plaintiffs in both cases.

George C. Dalthorp, Crowley, Kilbourne, Haughey, Hanson & Gallagher, Billings, Mont., for defendants in both cases.

MEMORANDUM AND ORDER

BATTIN, District Judge.

Presently pending in these actions are motions by the plaintiffs and the defendant for summary judgment.

The material facts of these cases are undisputed. On June 6, 1966, the plaintiff Millers borrowed the sum of $47,800.00 from the defendant Federal Land Bank. The loan was secured by a certain federal farm loan amortization mortgage, and the agreed rate of interest contained therein was five and one...

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