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IN RE DONALDSON

Bankruptcy No. 584-00044.

43 B.R. 506 (1984)

In re Robert L. DONALDSON and Elizabeth J. Donaldson, d/b/a Farmer/Rancher.

United States Bankruptcy Court, D. South Dakota.

April 2, 1984.

Attorney(s) appearing for the Case

Mr. Richard O. Sharpe, Costello, Porter, Hill, Nelson, Heisterkamp & Bushnell, Rapid City, S.D., for movant Federal Land Bank.

James P. Hurley, Bangs, McCullen, Butler, Foye & Simmons, Rapid City, S.D., for debtors/respondents Robert L. Donaldson and Elizabeth J. Donaldson.

PEDER K. ECKER, Bankruptcy Judge.

This case is before the Court on Federal Land Bank's Motion and Request for Dismissal of the Debtors' Chapter 11 Proceeding or, in the Alternative, for Termination or Modification of the Automatic Stay. The facts are not disputed. The Debtors, Robert and Elizabeth Donaldson, are husband and wife. They are engaged in a farming and ranching operation in Butte County, South Dakota. The Debtors defaulted on a mortgage held by Federal...

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