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MATTER OF CAMCO

Bankruptcy No. B-70N-583.

2 B.R. 239 (1980)

In the Matter of CAMCO, Bankrupt. UNITED STATES of America, Plaintiff, v. R.G. McBROOM, Trustee, and Farmers & Merchants Bank, a Washington corporation, Defendants.

United States Bankruptcy Court, E.D. Washington.

January 18, 1980.

Attorney(s) appearing for the Case

Carroll Gray, Asst. U.S. Dist. Atty., for Eastern District of Washington, Spokane, Wash., for plaintiff.

Michael L. Loft, of Layman, Mullin & Etter, Spokane, Wash., for defendants.

MEMORANDUM DECISION

L. WARDEN HANEL, Bankruptcy Judge.

This matter came on for hearing on December 7, 1979 on the motion for summary judgment, filed by the United States, on behalf of the Small Business Administration, pursuant to Bankruptcy Rule 756.

FACTS

On October 11, 1968 the Small Business Administration (SBA) and the Farmers & Merchants Bank of Rockford (Bank) executed a Blanket Loan Guaranty Agreement (Master Agreement). The...

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