CITIZENS STATE BANK v. CONTINENTAL ASSUR. CO.

No. 84-C-362-D.

598 F.Supp. 1111 (1984)

CITIZENS STATE BANK OF WITTENBERG, Valders State Bank, Bank of Spring Green, The Farmers State Bank of Waupaca, Cedarburg State Bank, Bank of Mauston, Waukesha State Bank, and The Northwestern Bank (Chippewa Falls), Wisconsin banking corporations, and The First National Bank of Eagle River, The Union National Bank of Ashland, and The First National Bank of Rhinelander, national banking associations, and The WBA Pension Plans of the Above-Named Banks, Allen M. Voelz, an individual, The M. & I. Marshall & Ilsley Bank, a Wisconsin banking corporation, The First Wisconsin Trust Company, a Wisconsin banking corporation, and The Marine Trust Company, N.A., a national banking association, Plaintiffs, v. CONTINENTAL ASSURANCE COMPANY, a.k.a. CNA Insurance Companies, Defendant.

United States District Court, W.D. Wisconsin.

December 14, 1984.


Attorney(s) appearing for the Case

Michael P. May of Boardman, Suhr, Curry & Field, Madison, Wis., for plaintiffs.

Linda M. Clifford of La Follette, Sinykin, Anderson & Munson, Madison, Wis., for defendant.


OPINION AND ORDER

JAMES E. DOYLE, District Judge.

The second cause of action in the complaint alleges: Plaintiff employers established pension plans for the benefit of their employees. The plans were established through agreements among plaintiff employers, plaintiff trustees, and defendant insurance company. Under the plans and agreements, the future pension plans were to be funded in part by the establishment of an investment fund. In this respect, the...

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