FIRST SOUTH PRODUCTION CREDIT ASSOCIATION; Federal Intermediate Credit Bank of Jackson; Farm Credit Bank of Wichita, Plaintiffs-Appellants,
v.
The FARM CREDIT ADMINISTRATION; Marvin R. Duncan, Acting Chairman; Farm Credit Bank of Texas, Defendants-Appellees,
Buckeye Production Credit Association; Federal Land Bank Association of Fostoria; David Boren, United States Senator; Federal Land Bank Association of North Alabama; Federal Land Bank Association of South Mississippi; Federal Land Bank Association of South Louisiana; Federal Land Bank Association of South Alabama; Federal Land Bank Association of North Louisiana; Federal Land Bank of North Mississippi; Farm Credit Bank of Springfield; Springfield Bank for Cooperatives; Western Farm Credit Bank; Charles W. Stenholm, Amici Curiae.
United States Court of Appeals, Fourth Circuit.https://leagle.com/images/logo.png
Argued October 31, 1990.
Decided February 19, 1991.
Attorney(s) appearing for the Case
Nels J. Ackerson, Sidley & Austin, argued, Washington, D.C., for appellants.
Stewart A. Block, George W. Jones, Jr., Michael D. Warden, Sidley & Austin, Washington, D.C., C. York Craig, Jr., and L. Keith Parsons, Watkins, Ludlam & Stennis, Jackson, Miss., on brief, for appellant First South Production Credit Ass'n.
Sam E. Scott and Michael S. McKay, Heidelberg, Woodliff & Franks, Jackson, Miss., on brief, for appellant Federal Intermediate Credit Bank.
Peter Rolf Maier, Civ.Div. U.S. Dept. of Justice and Christopher Thomas Corson, Vinson & Elkins, argued, Washington, D.C., Stuart M. Gerson, Asst. Atty. Gen., Robert S. Greenspan, Civ.Div., U.S. Dept. of Justice, Washington, D.C., Henry E. Hudson, U.S. Atty., Alexandria, Va., Victor Cohen, Anthony Torres, Farm Credit Admin., McLean, Va., Ky P. Ewing, Jr., Vinson & Elkins, Washington, D.C., Thomas F. Farrell, II, McGuire, Woods, Battle & Booth, Alexandria, Va., and Bill Zimmerman, Farm Credit Bank of Texas, Austin, Tex. (on brief), for appellees.
John C. Deal, O. Judson Scheaf, III, Emens, Hurd, Kegler & Ritter, P.A., Columbus, Ohio and Bernard K. Bauer, Bernard K. Bauer Co., L.P.A., Findlay, Ohio, for amici curiae Buckeye Production Credit Ass'n and Federal Land Bank Ass'n of Fostoria.
David L. Boren, U.S. Senator, Washington, D.C., amicus curiae.
Allan S. Kantrowitz, Vice-President/Gen. Counsel, Farm Credit Bank of Springfield, Springfield Bank for Cooperatives, Agawam, Mass. and Larry M. Hulquist, Sr. Vice-President/Gen. Counsel, Western Farm Credit Bank, Sacramento, Cal., for amici curiae Farm Credit Bank of Springfield, Springfield Bank for Cooperatives and Western Farm Credit Bank.
Charles W. Stenholm, U.S. Representative, Washington, D.C., amicus curiae.
John B. Clark, Daniel, Coker, Horton & Bell, P.A., Jackson, Miss., for amici curiae Federal Land Bank Associations of North Alabama, South Alabama, North Louisiana, South Louisiana, North Mississippi, and South Mississippi.
Before ERVIN, Chief Judge, and WILKINSON, Circuit Judge, and HOUCK, United States District Judge for the District of South Carolina, sitting by designation.
United States Court of Appeals, Fourth Circuit.
WILKINSON, Circuit Judge:
The First South Production Credit Association ("First South PCA"), the Federal Intermediate Credit Bank of Jackson ("Jackson FICB"), and the Farm Credit Bank of Wichita ("Wichita FCB") contest the determination of the Farm Credit Administration ("FCA") that section 410(a) of the Agricultural Credit Act of 1987 requires the merger of the Jackson FICB and the Farm Credit Bank of Texas ("Texas FCB"). Finding the FCA's interpretation of section...
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