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FEDERAL S. & L. INS. CORP. v. AMERICAN NAT. B. & T. CO. OF CHICAGO

No. 15963.

392 F.2d 906 (1968)

FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, Plaintiff-Appellant, v. AMERICAN NATIONAL BANK AND TRUST COMPANY OF CHICAGO, Defendant-Appellee.

United States Court of Appeals Seventh Circuit.

March 7, 1968.

Attorney(s) appearing for the Case

John W. Duffy, Emmett D. McCarthy, Chicago, Ill., Frank Delany, Washington, D. C., Roy C. Palmer, Chicago, Ill., for appellant.

Don H. Reuben, John E. Angle, Frank Cicero, Jr., Chicago, Ill., for appellee.

Before CASTLE, KILEY and CUMMINGS, Circuit Judges.

CASTLE, Circuit Judge.

Federal Savings and Loan Insurance Corporation, plaintiff-appellant, brought suit in the District Court to recover $305,175.00, with interest thereon from July 19, 1963, to date of judgment, from the defendant-appellee, American National Bank and Trust Company of Chicago. The $305,175.00 principal sum sought to be recovered represents the amount paid by Beverly Savings and Loan Association on July 19, 1963, to the Bank1

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