FRANKLIN STATE BANK v. UNITED STATES

No. 72 CIV. 2135.

423 F.Supp. 1 (1975)

FRANKLIN STATE BANK, Plaintiff, v. UNITED STATES of America and Commissioner of Internal Revenue, Defendants.

United States District Court, S. D. New York.

September 29, 1975.


Attorney(s) appearing for the Case

George M. Stromberg, New York City, for plaintiff.

Paul J. Curran, U. S. Atty., by William G. Ballaine, Asst. U. S. Atty., New York City, for the United States.


MEMORANDUM OPINION AND ORDER

MOTLEY, District Judge.

Plaintiff Franklin State Bank has brought this action against the United States asserting jurisdiction under the Federal Tort Claims Act, 28 U.S.C. § 1346(b). The bank seeks to recover damages for the allegedly negligent loss by the government of property in which the bank held a purchase money security interest at the time of the loss.

Findings of Fact

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