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MARKS v. RECONSTRUCTION FINANCE CORPORATION

No. 4959.

129 F.2d 759 (1942)

MARKS v. RECONSTRUCTION FINANCE CORPORATION.

Circuit Court of Appeals, Fourth Circuit.

July 30, 1942.

Attorney(s) appearing for the Case

Clarence Rogers and Charles C. Scott, both of Clarksburg, W. Va., for appellant.

John S. Stump, Jr., of Clarksburg, W. Va. (Ray Ash, of Clarksburg, W. Va., on the brief), for appellee.

Before PARKER, SOPER, and DOBIE, Circuit Judges.

DOBIE, Circuit Judge.

Jack Marks (hereinafter called Marks), executed, for value, his negotiable promissory note for $17,500 to the West Virginia Bank (hereinafter called the Bank), dated November 28, 1933, and due 60 days from date. This note, as collateral for a loan by the Reconstruction Finance Corporation (hereinafter called R. F. C.), to the Bank was, before maturity, assigned, pledged and indorsed by the Bank to the...

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