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MAHONEY v. FEDERAL SAVINGS AND LOAN INSURANCE CORP.

No. 16097.

393 F.2d 156 (1968)

James MAHONEY et al., Plaintiffs-Appellees, v. FEDERAL SAVINGS AND LOAN INSURANCE CORP., etc., Defendant-Appellant.

United States Court of Appeals Seventh Circuit.

March 26, 1968.

Attorney(s) appearing for the Case

Thomas R. Mulroy, Mark Crane, Robert W. Patterson, Frederic L. Hahn, Chicago, Ill., Kenneth E. Scott, Alan J. Moscov, Washington, D. C., Hopkins, Sutter, Owen, Mulroy, Wentz & Davis, Chicago, Ill., of counsel, for appellant.

Herbert Lesser, Willard J. Lassers, Chicago, Ill., Alex Elson, Aaron S. Wolff, Elson, Lassers & Wolff, Chicago, Ill., of counsel, for appellees.

Before HASTINGS, Chief Judge, and KILEY and FAIRCHILD, Circuit Judges.

FAIRCHILD, Circuit Judge.

This is an action to recover insurance on deposits in a federally insured Illinois savings and loan association (Marshall) which defaulted April 8, 1965. Defendant FSLIC contends that the amounts claimed are in excess of the statutory maximum, which it has already paid. The facts directly presented involve three accounts. Plaintiffs claim that James and June Mahoney held one account, James, June, and their son, John, another, and James, June...

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