Adams v. House OWNERS’LOAN Company, 107 F.2d 139 (8th Cir. 1939)
Brand new judgment observed through to the latest court’s preserving good demurrer submitted by the your house Owners’ Mortgage Enterprise on the revised petition
G. E. Rates, from Lincoln, Neb. (J. Elizabeth. Porter, out-of Crawford, Neb., and you can Edwin Cassem, *140 off Omaha, Neb., towards short term), to possess appellant.
George Meters. Adams appeals of a final wisdom and that disregarded an action brought of the him up against the Home Owners’ Financing Firm getting damage for malicious prosecution.
S.C.A. 1461-1468, registered and you may led the new Federal Mortgage Financial Board to help make a corporation “becoming referred to as Domestic Owners’ Mortgage Company, hence is going to be an enthusiastic instrumentality of one’s All of us, and therefore shall provides power so you’re able to sue also Northford loans to getting sued from inside the people judge of skilled jurisdiction, Federal otherwise Condition, and you will and this are under the assistance of one’s Panel and you may manage by it lower than particularly bylaws, rules, and you may guidelines as it can recommend towards the fulfillment of the aim and you can intention associated with part.” twelve U.S. C.An excellent. 1463. The Act considering the new methods off providers and also the attributes of this company and prescribed criminal penalties against people which perpetrates specific scams resistant to the Firm or from the Board. a dozen You.S.C.A great. 1467. Doing the brand new enforcement of violent punishment new Board accompanied and you can promulgated Point 17, Ch. VI. “Guide out-of Rules”, the following:
“Charges otherwise Criminal Matters Inside the compound the house Owners’ Loan Operate imposes punishment (a) on the and then make of any not the case declaration and/or more than-valuing of every safety with regards to affecting the action of your Organization to your that loan. * * * Brand new Courtroom Agencies within the Washington covers all the criminal issues within the collaboration into Service of Justice.