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UNITED STATES v. THOMPSON

Nos. LR-66-C-60, LR-67-C-36.

272 F.Supp. 774 (1967)

UNITED STATES of America, Plaintiff, v. Vance M. THOMPSON et al., Defendants. M. D. THOMPSON AND SON CO., Plaintiff, v. J. H. COTTRELL, Receiver, Defendant. United States of America, Intervenor.

United States District Court E. D. Arkansas, W. D.

August 24, 1967.

Attorney(s) appearing for the Case

Wayne W. Owen, of Moses, McClellan, Arnold, Owen & McDermott, Little Rock, Ark., for defendants in LR-66-C-60 and for plaintiff in LR-67-C-36.

W. H. McClellan, U. S. Atty., Eastern District of Arkansas, and Winston Bryant, Asst. U. S. Atty., for plaintiff in LR-66-C-60 and for defendant and intervenor in LR-67-C-36.

HENLEY, Chief Judge.

Memorandum Opinion

These two cases, which were consolidated for purposes of trial and tried to the Court without a jury, involve the Summit House Apartments in Little Rock, Arkansas. The litigation arose because of the fact that rental income from the apartments was not sufficient to meet construction mortgage payments and to maintain and operate the premises. The owners defaulted in their mortgage payments as of October 1965, and this...

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