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FDIC v. CALIENDO

No. C-91-347-L.

802 F.Supp. 575 (1992)

FDIC v. Priscilla CALIENDO.

United States District Court, D. New Hampshire.

June 15, 1992.

Attorney(s) appearing for the Case

Sarah Ruef Luck, Friedman & Babcock, Portland, Me., for plaintiff FDIC.

Daniel M. Cappiello, Shaheen, Cappiello, Stein & Gordon, Dover, N.H., for defendant Caliendo.

ORDER ON MOTION FOR SUMMARY JUDGMENT

LOUGHLIN, Senior District Judge.

Before the court is plaintiff's Motion for Summary Judgment.

Defendant, Priscilla Caliendo executed a promissory note in favor of Maine National Bank, plaintiff FDIC's predecessor-in-interest, in exchange for a loan of $35,000.00. The loan was secured by the properly executed transfer and pledge of 1,890 shares of Fleet/Norstar common stock. The promissory note is a demand note...

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