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UNITED STATES v. FIRST NATIONAL CITY BANK OF NEW YORK

No. 390, Docket 29429.

353 F.2d 308 (1965)

UNITED STATES of America, Appellee, v. FIRST NATIONAL CITY BANK OF NEW YORK, Appellant.

United States Court of Appeals Second Circuit.

Decided November 24, 1965.

Attorney(s) appearing for the Case

Arthur M. Handler, Asst. U. S. Atty. (Robert M. Morgenthau, U. S. Atty., for the Southern District of New York, on the brief) (Stephen Charnas, Asst. U. S. Atty., of counsel), for appellee.

Charles A. Crocco, Jr., New York City (Shearman & Sterling, New York City, on the brief) (Herman E. Compter, New York City, of counsel), for appellant.

Before MOORE, FRIENDLY and KAUFMAN, Circuit Judges.

KAUFMAN, Circuit Judge.

The question we are called upon to decide is whether First National City Bank ("Bank") breached express warranties in connection with Federal Housing Authority ("FHA") insurance issued pursuant to Title I of the National Housing Act, 12 U.S.C. § 1702 et seq., and the regulations promulgated thereunder, 24 C.F.R. § 200.1, et seq. The Bank appeals from Judge Bonsal's award of summary judgment in favor of the government. We affirm.<...

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