DUTTINE v. SAVAS

Civ. A. Nos. 75-0344 CH to 75-0349 CH.

455 F.Supp. 153 (1978)

Carl M. DUTTINE, trustee of Diversified Mountaineer Corporation, Plaintiff, v. Nick SAVAS, Defendant. Carl M. DUTTINE, trustee of Diversified Mountaineer Corporation, Plaintiff, v. Emanuel A. KOSTAS, Defendant. Carl M. DUTTINE, trustee of Diversified Mountaineer Corporation, Plaintiff, v. Ruth Cox TURNER, Defendant. Carl M. DUTTINE, trustee of Diversified Mountaineer Corporation, Plaintiff, v. Willard L. PHILLIPS, Defendant. Carl M. DUTTINE, trustee of Diversified Mountaineer Corporation, Plaintiff, v. J. Rexford WHITE, Defendant. Carl M. DUTTINE, trustee of Diversified Mountaineer Corporation, Plaintiff, v. Ernest JOHN, Defendant.

United States District Court, S. D. West Virginia, Charleston Division.

June 15, 1978.


Attorney(s) appearing for the Case

Charles M. Love, III, Bowles, McDavid, Graff & Love, Charleston, W.Va., for plaintiff.

William T. Lively, Jr., Lively, Light & Bias, Charleston, W.Va., for defendants.


COPENHAVER, District Judge.

In these consolidated civil matters, Carl M. Duttine, Trustee of Diversified Mountaineer Corporation under Chapter X of the Bankruptcy Act, seeks to recover upon various demand notes given by the defendants individually to Diversified Mountaineer Corporation (hereinafter DMC). Each note was given to DMC, the parent corporation, in exchange for shares of stock in nine of DMC's subsidiary industrial savings and loan corporations. The defendants...

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