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NAT. TEMPLE NON-PROFIT CORP. v. N.T.C. FED. CREDIT UNION

Civ. A. No. 84-1229.

603 F.Supp. 807 (1985)

NATIONAL TEMPLE NON-PROFIT CORPORATION, Plaintiff, v. NATIONAL TEMPLE COMMUNITY FEDERAL CREDIT UNION, Defendant.

United States District Court, E.D. Pennsylvania.

January 23, 1985.

Attorney(s) appearing for the Case

Harold R. Berk, Philadelphia, Pa., for plaintiff.

R. David Danziger, Max D. Palitz, Stephen S. Pennington, Philadelphia, Pa., for defendant.

MEMORANDUM AND ORDER

DITTER, District Judge.

In this action plaintiff seeks to recover funds which it alleges were wrongfully converted by defendant. These funds were on deposit in a share account plaintiff maintained with defendant. In defense, defendant, while admitting it has withheld the funds deposited by plaintiff, claims its actions were in accordance with the terms of a third-party loan guarantee binding upon plaintiff. Federal jurisdiction is asserted...

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