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MAGELLSEN v. FEDERAL DEPOSIT INSURANCE CORPORATION

Civ. No. 935.

341 F.Supp. 1031 (1972)

William C. MAGELLSEN, Plaintiff, v. FEDERAL DEPOSIT INSURANCE CORPORATION et al., Defendants.

United States District Court, D. Montana, Billings Division.

April 27, 1972.

Attorney(s) appearing for the Case

Charles F. Moses, Sandall, Moses & Cavan, Billings, Mont., for plaintiff.

Cale Crowley, Crowley, Kilbourne, Haughey, Hanson & Gallagher, Billings, Mont., for F. D. I. C. and Roger B. West.

George Manuel, pro se.

MEMORANDUM OPINION AND ORDER

BATTIN, District Judge.

Plaintiff brings this action against these defendants with jurisdiction based on the Federal Deposit Insurance Act, 12 U.S.C. § 1811, et seq. Specifically, jurisdiction is based on Section 1819, which makes Federal Deposit Insurance Corporation (F.D.I.C.) a corporation which can sue and be sued.

Plaintiff was the major shareholder, managing director and creator of two banks. He applied for...

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