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ROBERSON v. FARM CREDIT BANK OF TEXAS

Civ. A. No. 4:92 CV022-D-O.

818 F.Supp. 933 (1993)

Jessye E. ROBERSON and Pamela R. Robbins, Individually and as Co-Executrixes of the Estate of William J. Roberson, Deceased, D.O.D. April 15, 1985, Plaintiffs, v. FARM CREDIT BANK OF TEXAS, Defendant.

United States District Court, N.D. Mississippi, Greenville Division.

February 18, 1993.

Attorney(s) appearing for the Case

Cynthia I. Mitchell, Merkel & Cocke, Clarksdale, MS, for plaintiffs.

James E. Lambert, Lambert & Bailey, Jackson, MS, for defendant.

MEMORANDUM OPINION

DAVIDSON, District Judge.

Testator William J. Roberson, deceased, died possessing title in fee simple to certain real property, roughly consisting of 2,360 acres within LeFlore and Tallahatchie Counties, Mississippi. To obtain a $650,000.00 loan from defendant Farm Credit Bank of Texas (FCB), decedent's son William H. Roberson, individually and as co-executor of decedent's estate, pledged the acreage as security for the FCB debt in two...

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