IN RE BLACKERT

Bankruptcy No. 87-80665, Adv. No. 88-8035.

95 B.R. 972 (1989)

In re Ralph BLACKERT, Debtor. FARM CREDIT BANK OF ST. LOUIS, a Federally Chartered Corporation, Successor by merger to the Federal Land Bank of St. Louis, Plaintiff, v. STATE BANK OF ANNAWAN, an Illinois Banking Corporation, Defendant.

United States Bankruptcy Court, C.D. Illinois.

February 2, 1989.


Attorney(s) appearing for the Case

Douglas R. Lindstrom, Galesburg, Ill., for plaintiff.

Steven T. Hunter, Davenport, Iowa, for defendant.


OPINION

WILLIAM V. ALTENBERGER, Bankruptcy Judge.

Starting in March of 1986, the State Bank of Annawan (Bank) made a series of loans to the Debtor. These loans can be summarized as follows:

         DATE           AMOUNT        PURPOSE          SECURITY

        3/12/86        $40,069.24    Crop expense     1986 growing crops &
                                           ...

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