FDIC v. HELM

89-02-32458; CA A66446.

812 P.2d 39 (1991)

FEDERAL DEPOSIT INSURANCE CORPORATION, a Corporation, Respondent, v. Carl G. HELM, Appellant.

Court of Appeals of Oregon.

Decided June 5, 1991.


Attorney(s) appearing for the Case

Stephen P. Riedlinger, La Grande, argued the cause for appellant. With him on the brief were Baum & Riedlinger and Carl G. Helm, pro se, La Grande.

Paul V. Vaughan, Eugene, argued the cause for respondent. With him on the brief was Hershner, Hunter, Moulton, Andrews & Neill, Eugene.

Before RICHARDSON, P.J., and NEWMAN and DEITS, JJ.


RICHARDSON, Presiding Judge.

Federal Deposit Insurance Corporation (FDIC), as receiver for and as the "purchase and assumption" successor to assets of the First State Bank of Elgin (bank), brought this action to recover on a promissory note executed by defendant in the bank's favor. Defendant appeals from a summary judgment for FDIC, and we affirm.

As part of the transaction in which defendant executed the note, he executed and delivered a bargain and sale...

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