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FEDERAL DEPOSIT INS. CORP. v. NATIONAL SURETY CORP.

Civ. No. 72-43-2.

345 F.Supp. 885 (1972)

FEDERAL DEPOSIT INSURANCE CORPORATION, As Receiver For the State Bank of Prairie City, Prairie City, Iowa, Plaintiff, v. NATIONAL SURETY CORPORATION, Defendant.

United States District Court, S. D. Iowa, C. D.

August 15, 1972.

Attorney(s) appearing for the Case

J. N. Diehl, Newton, Iowa, and Myers N. Fisher, Washington, D.C., for plaintiff.

Donald A. Wine and Robert F. Holz, Jr., Des Moines, Iowa, for defendant.

MEMORANDUM AND ORDER

HANSON, Chief Judge.

This suit, which the plaintiff asks to be remanded for lack of jurisdiction, was originally filed in State Court by the Federal Deposit Insurance Corporation as Receiver for the State Bank of Prairie City, Iowa against the National Surety Corporation. The F.D.I.C. alleged that the employees of the Prairie City State Bank were bonded by the National Surety Corporation...

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