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PRUDENTIAL INS. CO. OF AMERICA v. MARQUETTE NAT. BANK

No. 4-75 Civ. 154.

419 F.Supp. 734 (1976)

The PRUDENTIAL INSURANCE COMPANY OF AMERICA, a corporation, Plaintiff, v. MARQUETTE NATIONAL BANK OF MINNEAPOLIS, Defendant.

United States District Court, D. Minnesota, Fourth Division.

January 26, 1976.

Attorney(s) appearing for the Case

Richard W. Johnson and Richard S. Goodman, Johnson, Thompson, Klaverkamp & James, Minneapolis, Minn., for plaintiff.

Lee Bearmon and J. Patrick McDavitt, Levitt, Palmer, Bowen, Bearmon & Rotman, Minneapolis, Minn., for defendant.

MEMORANDUM AND ORDER

DONALD D. ALSOP, District Judge.

This action was initiated by plaintiff against the defendant to recover the amount of $62,000, plus interest, based on defendant's refusal to honor Prudential's sight draft. The matter is presently before the court upon plaintiff's motion for summary judgment.

The relevant facts are established by the complaint and defendant's answer thereto. On December 6, 1972, a Minnesota corporation by the...

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