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FIRST NAT. BANK OF NORTH EAST v. FOCKLER

No. 80-1624.

649 F.2d 213 (1981)

The FIRST NATIONAL BANK OF NORTH EAST, Appellant, v. Edwin B. FOCKLER, III, Trustee, Appellee. In re CRYSTAL BEACH MANOR, INC., Bankrupt.

United States Court of Appeals, Fourth Circuit.

Decided April 24, 1981.

Attorney(s) appearing for the Case

Thomas F. Comber, III, Baltimore, Md., for appellant.

Dale A. Cooter, Washington, D. C. (John P. Van Beek, Cooter, Gell & Cooter, Washington, D. C., on brief), for appellee.

Before WIDENER and HALL, Circuit Judges, and MICHAEL, District Judge.

K. K. HALL, Circuit Judge:

First National Bank of North East (Bank) appeals from a judgment of the district court affirming the bankruptcy court's denial of its claims to certain mortgages assigned by Crystal Beach Manor, Inc. (C/B), a bankrupt corporation. We find the determination of the bankruptcy court clearly erroneous and remand for further proceedings.

Gerald Exten was president and sole stockholder of Exten...

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