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UNITED STATES v. LATTAUZIO

No. 82-2335.

748 F.2d 559 (1984)

UNITED STATES of America, Plaintiff-Appellee, v. John A. LATTAUZIO, Janet M. Lattauzio, Theodore M. Bennett and Carol Ann Bennett, Defendants-Appellants.

United States Court of Appeals, Tenth Circuit.

November 21, 1984.

Attorney(s) appearing for the Case

Wayne A. Jordon of Durrett, Jordon & Grisham, P.C., Alamogordo, N.M., for defendants-appellants.

Eric S. Benderson, Small Business Administration, Washington, D.C. (William L. Lutz, U.S. Atty., and Sandra M. Kemrer, Asst. U.S. Atty., Albuquerque, N.M., with him on the brief), for plaintiff-appellee.

Before SETH and McWILLIAMS, Circuit Judges, and CAMPOS, District Judge.

McWILLIAMS, Circuit Judge.

For value received, Rancho Shur-Sav, Inc., a New Mexico corporation, promised to pay to the order of the First City National of El Paso, Texas, the sum of $375,000, with interest, payment to be made in certain described installments. The promissory note evidencing such indebtedness was signed on behalf of Rancho Shur-Sav, Inc., by Theodore Bennett, as its president, and John Lattauzio, as its secretary. As a part of this transaction, Theodore...

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