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FEDERAL DEPOSIT INS. CORP. v. EQUITABLE LIFE ASSUR. SOC.

2 Div. 534.

266 So.2d 752 (1972)

FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver of the Bank of Pine Apple, a corporation v. The EQUITABLE LIFE ASSURANCE SOCIETY OF the UNITED STATES, a corporation.

Supreme Court of Alabama.

Rehearing Denied September 28, 1972.

Attorney(s) appearing for the Case

Richard H. Gill and Albert W. Copeland, Montgomery, for Federal Deposit Ins. Corp., appellant.

Crenshaw & Waller, Montgomery, for appellee.

Richard C. Belser, Montgomery, for Citizens & Southern Natl. Bank, amicus curiae.

Lyndol Bolton, Sylacauga, for W. S. Perryman, amicus curiae.

Robert B. Stewart, Montgomery, for Montgomery Production Credit Assn., amicus curiae.

Pitts, Pitts & Thompson, Selma, for Earl McNeill and Pete Jones, amicus curiae.

PER CURIAM.

This is an appeal by Federal Deposit Insurance Corporation, as Receiver of the Bank of Pine Apple, a Corporation, from a decree of the Circuit Court of Wilcox County, in Equity, rendered on October 10, 1969. The appeal was taken on January 28, 1970, and submission here was on November 23, 1971, on motion and on merits.

Motion

Appellee, the Equitable Life Assurance Society of the United States, a corporation, hereinafter referred to as...

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