UNITED STATES v. STUART

No. 16710.

392 F.2d 60 (1968)

UNITED STATES of America, Appellee, v. Mary STUART, Appellant.

United States Court of Appeals Third Circuit.

Decided April 4, 1968.


Attorney(s) appearing for the Case

Frank J. McDonnell, Casey, Haggerty & McDonnell, Scranton, Pa. (Robert P. Casey, Scranton, Pa., on the brief), for appellant.

Carlon M. O'Malley, Jr., Asst. U. S. Atty., Scranton, Pa. (Bernard J. Brown, U. S. Atty., on the brief), for appellee.

Before McLAUGHLIN, FREEDMAN and SEITZ, Circuit Judges.


OPINION OF THE COURT

SEITZ, Circuit Judge.

On January 24, 1959, Stuart Lumber Company, Inc. ("Company") obtained a loan of $150,000 from the First National Bank of Carbondale ("Bank") and the Small Business Administration ("SBA"), an agency of the United States. As additional collateral security, Joseph Stuart and Mary Stuart, his wife, executed a guaranty agreement and a confession of judgment in favor of the Bank, its successors and assigns.

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