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FEDERAL SAVINGS AND LOAN INSURANCE CORP. v. GEISEN

Nos. 15964-15968.

392 F.2d 900 (1968)

FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, Plaintiff-Appellee, v. Joseph GEISEN, Allan Douglass, Raleigh Steuber and Lewis Waxman, Defendants-Appellants. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, Plaintiff-Appellee and Cross-Appellant, v. Joseph GEISEN, Allan Douglass, Raleigh Steuber and Lewis Waxman, Defendants-Appellants and Cross-Appellees.

United States Court of Appeals Seventh Circuit.

March 7, 1968.

Attorney(s) appearing for the Case

Robert E. Pfaff, Chicago, Ill., for defendant-appellant, Allan Douglass; Raymond, Mayer, Jenner & Block, Chicago, Ill., of counsel.

James G. Culbertson, Douglas M. Reimer, Chicago, Ill., for defendant-appellant, Joseph Geisen; John P. Graves, Jr., Roy C. Palmer, Jr., Chicago, Ill., Hinshaw, Culbertson, Moelmann & Hoban, Chicago, Ill., of counsel.

Prentice H. Marshall, Samuel E. Hirsch, Owen Rall, Samuel Shkolnik, Chicago, Ill., for appellants.

John M. Duffy, Emmett D. McCarthy, Chicago, Ill., Frank Delany, Washington, D. C., for appellee.

Before CASTLE, KILEY and CUMMINGS, Circuit Judges.

CASTLE, Circuit Judge.

Federal Savings and Loan Insurance Corporation brought suit in the District Court to recover $305,175, plus interest thereon from July 19, 1963, from Joseph Geisen, Allan Douglass, Raleigh Steuber and Lewis Waxman. The $305,175 principal sum sought to be recovered represents the amount paid by Beverly Savings and Loan Association1 on July 19, 1963, to the American National Bank and Trust Company of Chicago for a...

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