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F. D. I. C. v. GENERAL INVESTMENTS, INC.

No. 78-C-234.

522 F.Supp. 1061 (1981)

FEDERAL DEPOSIT INSURANCE CORPORATION, a United States corporation, Plaintiff, v. GENERAL INVESTMENTS, INC., Defendant and Third Party Plaintiff. Ray H. DITTMORE, Defendant and Third Party Plaintiff, v. FEDERAL DEPOSIT INSURANCE CORPORATION, a United States corporation, as Receiver of American City Bank, Third Party Defendant.

United States District Court, E. D. Wisconsin.

September 18, 1981.

Attorney(s) appearing for the Case

Gregory G. Wille, Gibbs, Roper, Loots & Williams, Milwaukee, Wis., for FDIC.

John A. Busch, Michael, Best & Friedrich, Milwaukee, Wis., for General Investments, Inc.

E. Campion Kersten, Kersten & McKinnon, Milwaukee, Wis., for Dittmore.

MEMORANDUM AND ORDER

WARREN, District Judge.

In this civil action, plaintiff Federal Deposit Insurance Company seeks payment on two promissory notes from General Investments, Inc. and Ray H. Dittmore. The first promissory note has a face amount of $135,600.00, $47,969.69 of which allegedly remains unpaid ("the $47,969.69 note"). The second promissory note has a face amount of $511,000.00, all of which allegedly remains unpaid ("the $511,000.00 note"). FDIC...

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