GIRARD TRUST BANK v. MARTIN

No. 76-2471.

557 F.2d 386 (1977)

GIRARD TRUST BANK, a Banking Corporation organized under the laws of the Commonwealth of Pennsylvania v. William H. MARTIN and F. Louise Martin, his wife, Appellants.

United States Court of Appeals, Third Circuit.

Decided June 22, 1977.


Attorney(s) appearing for the Case

David Berger, Michael K. Simon, Philadelphia, Pa., for appellants.

Howard T. Glassman, Edward H. Rubenstone, Leon S. Forman, Wexler, Weisman, Maurer & Forman, P. C., Philadelphia, Pa., for appellee.

Before ADAMS, ROSENN, and WEIS, Circuit Judges.


OPINION OF THE COURT

ROSENN, Circuit Judge.

Girard Trust Bank ("Bank"), a banking corporation organized under the laws of the Commonwealth of Pennsylvania, entered a judgment by confession on December 15, 1975, in the United States District Court for the Eastern District of Pennsylvania against William H. Martin and F. Louise Martin, his wife, appellants ("Martins"), in the sum of $3,156,940.37 arising out of appellants' alleged default on four promissory...

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