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FIRST INTERSTATE BANK OF OR. v. U.S.

Civ. No. 94-917-HA.

891 F.Supp. 543 (1995)

FIRST INTERSTATE BANK OF OREGON, N.A., Plaintiff, v. UNITED STATES of America, by and through the INTERNAL REVENUE SERVICE, Hoyt & Sons Ranch Properties Nevada, Limited, a Nevada limited partnership, and Hoyt & Sons Ranch Properties California, Limited, a California limited partnership, Defendants.

United States District Court, D. Oregon.

March 30, 1995.

Attorney(s) appearing for the Case

O. Meredith Wilson, Jr., Timothy R. Harmon, Lane Powell Spears & Lubersky, Portland, OR, for plaintiff.

Kristine Olson Rogers, U.S. Atty., Dist. of Or., William W. Youngman, Asst. U.S. Atty., Portland, OR, W. Carl Hankla, Trial Atty., Tax Div., U.S. Dept. of Justice, Washington, DC, for defendant U.S.

William D. Cramer, William D. Cramer, Jr., Cramer & Mallon, Burns, OR, for defendant Hoyt & Sons Ranch Properties Nevada, Ltd.

OPINION

HAGGERTY, Judge:

This is an interpleader action brought by plaintiff, First Interstate Bank of Oregon, N.A. ("FIOR"), to resolve competing claims to $28,179.91 (the "disputed funds") held by FIOR in a checking account. FIOR alleges that it is a disinterested stakeholder, and that it may be exposed to multiple liability and vexatious litigation unless it is allowed to interplead the disputed funds into the court for a determination of the rights of...

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