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PRODUCTION CREDIT ASS'N v. FARM CREDIT BANK

Civ. No. 4-90-542.

781 F.Supp. 595 (1991)

PRODUCTION CREDIT ASSOCIATION OF EAST CENTRAL WISCONSIN, Plaintiff, v. FARM CREDIT BANK OF ST. PAUL, Defendant.

United States District Court, D. Minnesota, Fourth Division.

December 19, 1991.

Attorney(s) appearing for the Case

Scott E. Richter, Clifford M. Greene, Frank A. Taylor, Mary C. Hipp, Popham, Haik, Schnobrich & Kaufman, Ltd., Minneapolis, Minn., David Edquist, Gibbs, Roper, Loots & Williams, Milwaukee, Wis., for plaintiff.

Wallace G. Hilke, Thomas L. Fabel, Lindquist & Vennum, Minneapolis, Minn., Mark Sostarich, Godfrey & Kahn, Milwaukee, Wis., for defendant.

MEMORANDUM AND ORDER

MacLAUGHLIN, District Judge.

This matter is before the Court on defendant's motion for summary judgment. The motion will be granted.

FACTS

Plaintiff Production Credit Association of East Central Wisconsin (East Central) and defendant Farm Credit Bank of St. Paul (the Bank) are lending institutions existing within the Farm Credit System, which was created by Congress to assure a supply of reasonably priced credit for...

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