CAMPUS AND AREA
University Daily Kansan, November 14, 1984
Page 8
Farmers file suit over loans
By United Press International
4. 10.2 质点运动方程
TOPEKA - Twenty Kansas farmers yesterday filed a federal lawsuit against officials of 16 banks. The lawsuit alleges Bank and several farm creditors.
The suit, which seeks to be a class action representing more than 5,000 Kansas farmers, accuses the lending institutions of various crimes all keyed to the theory that they "created the alleged money they loaned by mere bookkeeping entry."
Other defendants named in the lawsuit were the Farmers Home
Administration, Commodity Credit Corporation, Production Credit Associations in Manhattan and the John Deere Credit Corp.
The lawsuit, filed in U.S. District Court in Topeka, contends the institutions created from 86 percent to 100 percent of their loans to farmers and put unlawful debts on the books. On the basis of that contention, the farmers accuse the institutions of usury, mail fraud from banks, extortion, racketeering and unconscionable practices.
The farmers are asking for an inunction to prevent further
foreclosures on farm property and to block the institutions from taking possession of any property already foreclosed. The action also seeks to stop further proceedings involving farmers in bankruptcy courts.
In addition, the action asks the court to declare void all "notes, mortgages, loans, security agreements, trust deeds, contracts or any instruments alleging an obligation or promise to defendants." It also asks awards to the class of $500,000 per creditor or 1 percent of the net worth of each creditor, and triple damages.
Four jailed for silo break-in
By United Press International
KANSAS CITY. Mo. — A U.S. magistrate yesterday called four anti-nuclear protesters who broke into a Minuteman missile site and smashed equipment "a danger to the community" and ordered them jailed without bond.
The four Catholic peace activists were charged with the destruction of government property in a criminal complaint filed by the U.S. Attorney's Office and were ordered to appear in a preliminary hearing Nov. 23.
The affidavit filed in support of the complaint said the four Monday caused $25,000 in damage to the
missile silo site near Higginsville, U.S. Attorney Robert Uhrich said. A conviction on the charge carries a maximum 10 years in prison.
Ullrich said his office would present the case to a federal grant jury the week of Nov 26, at which he may be issued may be issued through indictments.
in the detention hearing yesterday, the protesters told Chief U.S. Magistrate Calvin Hamilton they chose to be held in the case and declined an attorney
They stated that they would return to the missile site, that they would not comply with conditions of bond posee and that they did not want bail.
"On that, the court made the finding they would be a danger to the community, and ordered them detained without bail." Ubich said.
The protestors call themselves the "Site Perim Hooks" in reference to the political mandate to "beat swords into physical hooks and spears into pruned hooks."
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