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PLANTERS TRUST & SAV. BANK v. LANGLEY

Civ. A. No. 83-2612 L.

615 F.Supp. 749 (1985)

PLANTERS TRUST & SAVINGS BANK v. W.T. LANGLEY, et al.

United States District Court, W.D. Louisiana, Lafayette-Opelousas Division.

June 20, 1985.

Attorney(s) appearing for the Case

William C. Shockey, Baton Rouge, La., for W.T. and Mary Langley.

David S. Rubin, Baton Rouge, La., for Federal Deposit Ins. Corp.

W. Shelby McKenzie, Baton Rouge, La., for Federal Land Bank of Jackson.

MEMORANDUM RULING

DUHE, District Judge.

On March 8, 1982, W.T. Langley and Mary Ann Langley executed a promissory note in the amount of $468,124.41, made payable to Planters Trust and Savings Bank. The Langleys defaulted and Planters Bank instituted an action in state court in September 1983 to recover the balance due on the note. That action was subsequently transferred to this Court, and consolidated with other actions arising out of the collapse of the...

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