IN RE SCHMIDT

Bankruptcy No. 3-80-758, Adv. No. 81-54.

26 B.R. 89 (1982)

In re Vernon C. SCHMIDT, Debtor. James F. PFAU, Trustee of Vernon C. Schmidt, Debtor, Plaintiff, v. FIRST NATIONAL BANK, PIPESTONE, MINNESOTA, Defendant.

United States Bankruptcy Court, D. Minnesota, Third Division.

December 23, 1982.


Attorney(s) appearing for the Case

Robert Rice, Pipestone, Minn., for plaintiff-trustee, James F. Pfau.

Scott L. Barduson of O'Neill, O'Neill & Barduson, Pipestone, Minn., for defendant, First Nat. Bank, Pipestone, Minn.


JOHN J. CONNELLY, Bankruptcy Judge.

The above entitled adversary proceeding came on for hearing before the Honorable John J. Connelly, Bankruptcy Judge, on the complaint of the Plaintiff. The facts have been stipulated by both parties and the case submitted on briefs.

Based on the facts as stipulated, all the papers and records herein, and upon consideration of the arguments of counsel, the Court makes the following:

FINDINGS OF FACT

1. An...

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