UNITED STATES v. SKIPPER SMITH'S MARINA, INC.

Civ. No. 67-934.

283 F.Supp. 408 (1968)

UNITED STATES of America, Plaintiff, v. SKIPPER SMITH'S MARINA, INC., a Florida corporation; Charles T. Bundy and Gloria Bundy, his wife; First National Bank of Naples, a banking corporation; Mathew-Hyde Insurance Agency, Inc., a Florida corporation; and C. W. S. A. Corporation, a Florida corporation, Defendants.

United States District Court S. D. Florida, Miami Division.

April 2, 1968.


Attorney(s) appearing for the Case

William A. Meadows, Jr., U. S. Atty., and Alfred E. Sapp, Asst. U. S. Atty., Miami, Fla., for the United States.

Parks, Emerson, Treadwell & Elkins, Naples, Fla., for defendants Charles T. and Gloria Bundy.

Roberts, Watson, Taylor & Friday, Fort Myers, Fla., for defendant, Mathew-Hyde Insurance Agency, Inc.

Sorokoty, Hagaman, Morrissey & Monaco, Naples, Fla., for defendant, First Nat. Bank of Naples.


ORDER GRANTING DEFICIENCY JUDGMENT

ATKINS, District Judge.

The United States seeks a deficiency decree against Mr. Charles T. Bundy and Mrs. Gloria Bundy, his wife. The Bundys are guarantors on a note due the Small Business Administration from Skipper Smith's Marina, Inc., a Florida corporation. The United States seeks this deficiency judgment after foreclosing a chattel mortgage securing the note.

The...

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