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IN RE ROWE

Bankruptcy Nos. 83-00144(SE)-08, 83-00143(SE) and 83-00142(SE).

43 B.R. 157 (1984)

In re Burt H. ROWE and Anne B. Rowe, Debtors. In re ROLANCO, INC., Debtor. In re SALINE VALLEY LAND COMPANY, INC., Debtor.

United States Bankruptcy Court, E.D. Missouri, Southeastern Division.

May 16, 1984.

Attorney(s) appearing for the Case

Fred E. Arnold, St. Louis, Mo., for debtors.

Steven N. Cousins, Atty. at Law, St. Louis, Mo.

Paul H. Berens, Atty. at Law, Cape Girardeau, Mo.

MEMORANDUM OPINION

DAVID P. McDONALD, Bankruptcy Judge.

Movant, The Mutual Life Insurance Company of New York, seeks relief from the automatic stays under 11 U.S.C. § 362(a) in order to foreclose its deed of trust on parcels of farm land belonging to Debtors Burt and Anne Rowe located in Scott County, Missouri, and totaling 2,605.78 acres. Movant asserts that the Debtors are in default on the promissory note which the property in question secures and...

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