ORDER ON MOTIONS FOR SUMMARY JUDGMENT BY PLAINTIFF AND DEFENDANT
HOOPER, Senior District Judge.
I. STATEMENT OF THE CASE
Plaintiff, as Trustee in Bankruptcy for North American Acceptance Corporation, filed a complaint on May 4, 1976 which was amended on November 3, 1976. Said complaint in Three Counts alleged that a contract of insurance existed between North American Acceptance Corporation and the defendants covering certain student loans, and...
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