FIDELITY BANK v. COM. MARINE AND GENERAL ASSUR. CO.

Civ. A. No. 83-2071.

581 F.Supp. 999 (1984)

The FIDELITY BANK v. COMMONWEALTH MARINE AND GENERAL ASSURANCE COMPANY, LTD; J.E. Mamiye & Sons, Inc.; Maurice L. Jackson; Floyd Fountain and Farmers State Bank of Center, Texas; George K. Lynch; Horizon Medical Administrators, Inc.; G.A. Brown; Pak-Mor Manufacturing Company; Delan Townson and First Alabama Bank of Conecuh County; Phillips & Sons, Inc.; Hutchinson Financial Corporation of Alabama; Neb, Ltd.; Anne and Art Johnston d/b/a Treasure Harbor Sailing Yachts; and Reid, Inc.

United States District Court, E.D. Pennsylvania.

February 24, 1984.


Attorney(s) appearing for the Case

Joan A. Yue, Pepper, Hamilton & Scheetz, Philadelphia, Pa., for The Fidelity Bank.

Gordon Gelfond, Margolis, Edelstein, Scherlis, Sarowitz & Kraemer, Philadelphia, Pa., for Commonwealth Marine & General Assur. Co., Ltd.

Miles H. Shore, Saul, Ewing, Remick & Saul, Philadelphia, Pa., for J.E. Mamiye & Sons, Inc.

Eileen P. Epley, Philadelphia, Pa., for Maurice L. Jackson.

T.R. McLeroy, Jr., Center, Tex., for Floyd Fountain and Farmers State Bank of Center, Texas.

Glenn E. Woodard, El Paso, Tex., for George K. Lynch.

Stephen D. Ivey, Philadelphia, Pa., for G.A. Brown.

Joseph H. Reiter, Stephen M. Chiles, Stassen, Kostos & Mason, P.C., Philadelphia, Pa., for Pak-Mor Mfg. Co.

William J. Barker, Jr., Stradley, Ronon, Stevens & Young, Philadelphia, Pa., for Delan Townson d/b/a Townson Trucking Co., and First Alabama Bank of Conecuh County.

Brenda Smith Statum, Merrill, Porch, Doster & Dillon, Anniston, Ala., for Hutchinson Financial Corp. of Alabama.

John C. Sullivan, Lennon C. Wright, Houston, Tex., John C. Sullivan, Frumkin & Manta, Philadelphia, Pa., for Phillips and Son, Inc.

Maurice J. Maley, Jr., Krusen, Evans & Byrne, Philadelphia, Pa., for Anne & Art Johnston, d/b/a Treasure Harbor Sailing Yachts.

William J. Cattie, III, Heckler & Cattie, Wilmington, Del., for NEB, Ltd.

Neal L. Conner, Jr., Kopp, Peavy & Conner, P.C., Waycross, Ga., for Reid, Inc.

Arnold P. Borish, Hangley, Connolly, Epstein, Chicco, Foxman & Ewing, Philadelphia, Pa., for Horizon Medical Administrators, Inc.


OPINION

LOUIS H. POLLAK, District Judge.

CONTENTS                                        Page

 I. INTRODUCTION                                1002
II. FACTUAL BACKGROUND                          1003
    (A) The Trust Agreement                     1004
    (B) Pennsylvania Attachment                 1005
    (C) Defendants' Claims                      1005
        (1) J. E. Mamiye & Sons, Inc...

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