FIRST BANK OF MADISON v. BANK OF VERSAILLES

No. 1-183A34.

451 N.E.2d 79 (1983)

FIRST BANK OF MADISON, Appellant (Plaintiff below), v. The BANK OF VERSAILLES, David E. Christman, Lori B. Christman, and Treasurer of Jefferson County, Appellees (Defendants below).

Court of Appeals of Indiana, First District.

Rehearing Denied August 8, 1983.


Attorney(s) appearing for the Case

George Leininger, Cooper, Cox, Jacobs, Reed & Barlow, Madison, for appellant.

Phillips B. Johnson, Versailles, for appellees.


ROBERTSON, Presiding Judge.

The First Bank of Madison is appealing from an adverse trial court ruling on its motion for relief from judgment.

We affirm in part, reverse and remand in part.

A summary of the facts shows that the First Bank of Madison held a first mortgage on the real property of the Christmans. The Bank of Versailles held a second mortgage on the same property. First Bank of Madison commenced foreclosure proceedings and named as defendants...

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