The Federal Land Bank Of Spokane v. L.R. Ranch Company

926 F.2d 859 The FEDERAL LAND BANK OF SPOKANE, a corporation, Plaintiff-Appellee, v. L.R. RANCH COMPANY, a Montana corporation, John Barnard Murnion and Loriene Murnion, husband and wife, William E. Murnion and Karen J. Murnion, husband and wife, John W. Murnion, Defendants-Appellants, and United States of America, Defendant. No. 89-35203. United States Court of Appeals, Ninth Circuit. Argued and Submitted July 13, 1990. Decided Feb. 15, 1991. Randy S. Laedeke, Billings, Mont., for defendants-appellants. James N. Westwood, Miller, Nash, Wiener, Hager & Carlsen, Portland, Or., for plaintiff-appellee. Appeal from the United States District Court for the District of Montana. Before FLETCHER, FERGUSON and FERNANDEZ, Circuit Judges. FLETCHER, Circuit Judge: 1 L.R. Ranch Company and five members of the Murnion family 1 appeal the district court's denial of their motion to stay state law foreclosure proceedings 2 based on provisions of the federal Agricultural Credit Act of 1987, 12 U.S.C. Sec. 2202 et seq. We lack jurisdiction to review the district court's order and therefore dismiss the appeal. BACKGROUND 2 The Federal Land Bank of Spokane ("the bank") loaned $600,000 to the…