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FEDERAL SAVINGS AND LOAN INSURANCE CORP. v. HUTTNER

No. 66 C 287.

265 F.Supp. 40 (1967)

FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, a corporation, Plaintiff, v. Sidney HUTTNER, Rose Huttner, Irving Voliner and Gertrude Voliner, Defendants.

United States District Court N. D. Illinois, E. D.

March 14, 1967.

Attorney(s) appearing for the Case

Thomas R. Mulroy, Mark Crane, W. L. Heubaum Hopkins, Sutter, Owen, Mulroy, Wentz & Davis, Chicago, Ill., Kenneth E. Scott, Gen. Counsel, Alan J. Moscov, Deputy Gen. Counsel, Max Wilfand, Asst. Gen. Counsel, William R. Granik, Federal Savings & Loan Insurance Corp., Washington, D. C., of counsel, for plaintiff.

Milton J. Kolman, of Kolman, Cohn & Kier, Chicago, Ill., for defendants.

OPINION

WILL, District Judge.

Plaintiff, Federal Savings and Loan Insurance Corporation ("FSLIC"), has brought this declaratory judgment action in which it seeks a determination that it is not liable to pay defendants, and the class they represent, the amount of a dividend declared by the directors of Marshall Savings and Loan Association ("Marshall"). Marshall has, since July 3, 1951, been an FSLIC-insured institution under Title IV of the National Housing...

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