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FEDERAL DEPOSIT INS. CORPORATION v. WOODS

No. 1112.

34 F.Supp. 296 (1940)

FEDERAL DEPOSIT INS. CORPORATION v. WOODS.

District Court, W. D. Kentucky.

August 10, 1940.

Attorney(s) appearing for the Case

Wilson W. Wyatt and Baldwin C. Burnam (of Peter, Heyburn, Marshall & Wyatt), both of Louisville, Ky., for plaintiff.

O. B. Bertram, of Campbellsville, Ky., J. H. Graham, of Greensburg, Ky., John L. Vest, of Walton, Ky., and James E. Fahey (of Woodward, Dawson & Hobson), of Louisville, Ky., for defendant.

SWINFORD, District Judge.

This is an action by the receiver of a national bank to recover on a promissory note found in the assets of the bank at the time it went into liquidation.

The Taylor National Bank of Campbellsville, Kentucky, was a banking institution of many years standing. At one time practically the entire stock of the bank had been owned by George H. Gowdy, the uncle of the defendant. At the time the bank went into receivership about 81% of the...

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