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MEREDITH v. FEDERAL LAND BANK OF ST. LOUIS

No. J-C-88-134.

690 F.Supp. 786 (1988)

J.D. MEREDITH and Ermil Meredith, His Wife, Plaintiffs, v. FEDERAL LAND BANK OF ST. LOUIS, Defendant.

United States District Court, E.D. Arkansas, Jonesboro Division.

July 29, 1988.

Attorney(s) appearing for the Case

Jim Lyons, Lyons & Emerson, Jonesboro, Ark., for plaintiffs.

Richard D. Taylor, Friday, Eldredge & Clark, Little Rock, Ark., for defendant.

MEMORANDUM AND ORDER

HENRY WOODS, District Judge.

The defendant, Federal Land Bank of St. Louis (FLB), has moved to dismiss the complaint filed against it by the plaintiffs, J.D. Meredith and Ermil Meredith (Merediths). For the reasons that follow the motion is granted.

BACKGROUND

The Merediths formerly owned a 1,529 acre tract of farmland located in Randolph County, Arkansas. The subject property was foreclosed on by the FLB in 1983 and...

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