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FIRST NAT. BANK & TRUST CO. v. AM. SEC. & TRUST CO.

Civ. A. No. 76-1814.

437 F.Supp. 771 (1977)

The FIRST NATIONAL BANK & TRUST COMPANY IN MACON, Plaintiff and Counter-Defendant, v. AMERICAN SECURITY & TRUST COMPANY, Defendant and Counter-Plaintiff.

United States District Court, District of Columbia.

July 29, 1977.

Attorney(s) appearing for the Case

James J. Bierbower, Bierbower & Rockfeller, Washington, D. C., Frank C. Jones, Jones, Cork, Miller & Benton, Macon, Ga., for plaintiff-counter-defendant.

Martin J. Flynn, Shea & Gardner, Washington, D. C., for defendant-counter-plaintiff.

MEMORANDUM AND ORDER

SIRICA, District Judge.

The First National Bank & Trust Company in Macon ("First Macon"), a national bank in Georgia, filed the original complaint in this case against American Security & Trust Company ("AS&T"), a national bank in Washington, D. C., for specific performance of a settlement agreement. AS&T subsequently filed a counterclaim for rescission, claiming that First Macon committed fraud in inducing AS&T to...

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