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MANCHESTER INS., ETC. v. MANCHESTER PREMIUM BUDGET

No. 77-44 C(3).

469 F.Supp. 126 (1979)

MANCHESTER INSURANCE & INDEMNITY COMPANY, Plaintiff, v. MANCHESTER PREMIUM BUDGET CORPORATION, Defendant.

United States District Court, E. D. Missouri, E. D.

March 12, 1979.

Attorney(s) appearing for the Case

J. L. Pierson and William G. Ohlhausen, Lewis, Rice, Tucker, Allen & Chubb, St. Louis, Mo., for plaintiff.

Gerald A. Rimmel, Susman, Schermer, Willer & Rimmel, St. Louis, Mo., for defendant.

MEMORANDUM

NANGLE, District Judge.

Harry V. Jump, conservator of the Manchester Insurance & Indemnity Company, brought this suit seeking to recover monies owed on a promissory note. Defendant Manchester Premium Budget Corporation contends that it is entitled to set-off a sum representing unearned premiums on insurance policies financed by defendant but cancelled by plaintiff.

This cause was tried to the Court without a jury. The Court having...

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