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JENSEN v. STATE BANK OF ALLISON

No. 74-1696.

518 F.2d 1 (1975)

Roger A. JENSEN, Trustee for the Estate of Jim Uhlenhopp a/k/a James K. Uhlenhopp, d/b/a Uhlenhopp Livestock Buying and Trucking, Appellant, v. STATE BANK OF ALLISON, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided June 6, 1975.

Attorney(s) appearing for the Case

John L. Butler, Eldora, Iowa, for appellant.

Raymond P. Drew, Hampton, Iowa, for appellee.

Before HEANEY and WEBSTER, Circuit Judges, and NANGLE, District Judge.

WEBSTER, Circuit Judge.

The trustee of the bankruptcy estate of James K. Uhlenhopp appeals from the judgment of the District Court1 upholding a setoff by the State Bank of Allison against funds of the bankrupt on deposit with the bank in satisfaction of an existing debt to the bank.

Prior to 1970, James K. Uhlenhopp and his wife Judy maintained a checking account at the State Bank of Allison, primarily for their personal use. In...

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