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STRICKLIN v. INVESTORS SYNDICATE LIFE INS. & ANN. CO.

No. CIV-74-798-E.

391 F.Supp. 246 (1975)

D. A. STRICKLIN et al., Plaintiffs, v. INVESTORS SYNDICATE LIFE INSURANCE AND ANNUITY COMPANY, a corporation, Defendant.

United States District Court, W. D. Oklahoma.

March 21, 1975.

Attorney(s) appearing for the Case

O. A. Cargill, Jr., and Leslie L. Conner and James M. Little, Conner, Little & Conner, Oklahoma City, Okl., for plaintiffs.

Barry D. Mock and Henry F. Featherly, Lamun, Mock, Featherly, Baer & Timberlake, Oklahoma City, Okl., for defendant.

MEMORANDUM OPINION AND ORDER

EUBANKS, District Judge.

This litigation involves two loans, one loan in the amount of $300,000 made to the Stricklins and the Slaters, and one loan in the amount of $240,000 made to the Farrises and the Slaters, by the defendant for the construction of two apartment complexes in Oklahoma City. Both loans had allegedly been in default for three months at the time suit was brought by all plaintiffs for declaratory and injunctive...

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