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HILLYARD FARMS v. WHITE COUNTY BANK

Civ. Nos. 84-4642, 85-4083.

52 B.R. 1015 (1985)

In re HILLYARD FARMS, Partners, Cletus Wesley, Ruth Hillyard, and Wesley Mark Hillyard, Debtor-Appellants, v. WHITE COUNTY BANK and Mutual Life Insurance Company of New York, Appellees.

United States District Court, S.D. Illinois, Benton Division.

September 12, 1985.

Attorney(s) appearing for the Case

Bruce D. Stewart, Harrisburg, IL Tom Schanzle-Haskins, Springfield, IL for White County Bank.

Steven N. Cousins, St. Louis, Mo., for Mutual Life Ins. Co. of New York.

William L. Needler, James C. Truax, William L. Needler & Assoc., Chicago, Ill., Charles A. Mayberry, Enfield, Ill., John M. Ferguson, Belleville, Ill., for debtor-appellants.

MEMORANDUM AND ORDER

FOREMAN, Chief Judge:

This case demonstrates the complexities and difficulties facing a district court under the Bankruptcy Amendments and Federal Judgeship Act of 1984.

The debtors maintain a farming operation in both White County, Illinois and Hamilton County, Illinois. On July 30, 1979 the debtors executed a promissory note in the principal amount of $430,000.00 made payable to Mutual Life Insurance Company of New York (MONY...

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