California Equity Management Group Inc v. Independent Bank et al

Filing 46

ORDER directing the Clerk of Court to immediately release funds from the registry account to defendant RJ Investments LLC, in the amount of $12,561.32 for previous expenses related to the parcel; remit monthly payments from the registry accoun t to RJ Investments in the amount of $1,080.00 by the 10th of each month; and remit payment in the amount of $9,037.59 on October 1, 2014, directly to the Crittenden County Tax Collector, Ellen Foote. Signed by Judge Kristine G. Baker on 8/5/2014. (jak)

IN THE UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF ARKANSAS
JONESBORO DIVISION
CALIFORNIA EQUITY
MANAGEMENT GROUP, INC.
v.

PLAINTIFF

Case No. 3:13-cv-00227 KGB

INDEPENDENT BANK et al.

DEFENDANTS
ORDER

By prior Order, the Court directed the parties to meet and confer regarding an amount
sufficient to maintain the property if distributed from the interpleaded funds held in the Court’s
registry and to file subsequently a status report on the issue (Dkt. No. 30). The parties have filed
a status report concerning interpleader and agreed request for disbursements from interpleader
account (Dkt. No. 38). Based on the parties’ agreements as explained in the status report, the
Clerk of the Court is directed to: (1) immediately release funds from the registry account to
defendant RJ Investments, LLC, in the amount of $12,561.32 for previous expenses related to the
parcel; (2) remit monthly payments from the registry account to RJ Investments in the amount of
$1,080.00 by the 10th of each month; and (3) remit payment in the amount of $9,037.59 on
October 1, 2014, directly to the Crittenden County Tax Collector, Ellen Foote, located at 250
Pine Street, Suite 2, Marion AR, 72364.
IT IS SO ORDERED this 5th day of August, 2014.

______________________________ 
KRISTINE G. BAKER
UNITED STATES DISTRICT JUDGE