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HOOSIER PLASTICS v. WESTFIELD SAV. & LOAN

No. 2-581 A 178.

433 N.E.2d 24 (1982)

HOOSIER PLASTICS and/or American Color Packaging Products, Presently Known As American Color, Inc., Appellant (Plaintiff below), v. WESTFIELD SAVINGS & LOAN ASSOCIATION AND FLOYD A. CARSON, Vice-President & Director; Manson E. Church, Director; R.C. Emerich, President & Director; Roy O. Hadley, Secretary & Director; Gerald S. McMullan, Director; Carl Steele, Treasurer & Director; Russell L. Wallace, Director, Appellees (Defendants below).

Court of Appeals of Indiana, Second District.

March 23, 1982.

Attorney(s) appearing for the Case

Charles S. Gleason, Charles Thomas Gleason, Gleason, Hay & Gleason, Indianapolis, for appellant.

Gary D. Beerbower, Church, Roberts & Beerbower, Noblesville, David J. Theising, Charles W. Linder, Jr., Linder & Taylor, Indianapolis, for appellees.

SHIELDS, Judge.

Appellant American Color Inc. initiated this action against Westfield Savings and Loan Association (Westfield) and Westfield's officers and directors in their individual capacities for breach of a mortgage contract. Following a hearing before the court, American Color's complaint was dismissed for failure to state a claim upon which relief may be granted. Ind.Rules of Procedure, Trial Rule 12(B)(6). American Color raises the following issues on appeal...

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