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IN RE RAPE

No. C-C-89-0196-P, Bankruptcy No. 88-00960-MRW-12.

104 B.R. 741 (1989)

In re A. Milton RAPE and Bonnie W. Rape, d/b/a Mil-Bon Farms, Debtors. FARMERS HOME ADMINISTRATION and Farm Credit Bank of Columbia, Appellants, v. A. Milton RAPE and Bonnie W. Rape, d/b/a Mil-Bon Farms, Appellees.

United States District Court, W.D. North Carolina, Charlotte Division.

August 29, 1989.

Attorney(s) appearing for the Case

Charles E. Lyons, Asst. U.S. Atty., Charlotte, N.C.

Thomas W. Waldrep, Jr., Womble Carlyle Sandridge & Rice, Winston-Salem, N.C., for appellants.

Robert L. Lindsey, Jr., Lindsey and Schrimsher, P.A., Charlotte, N.C., for appellees.

Wayne Sigmon, Gastonia, N.C., Trustee.

ORDER

ROBERT D. POTTER, Chief Judge.

I. PRELIMINARY STATEMENT

THIS MATTER is before the Court on an appeal from the bankruptcy court by the Farmers Home Administration ("FmHA")1 and the Farm Credit Bank of Columbia ("FCB"), formerly the Farm Land Bank of Columbia.2

On September 22, 1988, A. Milton Rape and Bonnie W. Rape, doing business as Mil-Bon Farms, (the "Rapes") filed for protection...

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