ALBRECHT v. FIRST FEDERAL SAV. & LOAN ASS'N

Civ. No. 10907.

372 N.W.2d 893 (1985)

L. Ivanlee ALBRECHT, Judy Albrecht and Elbe Industries, Plaintiffs and Appellants, v. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND FORKS AND MINOT d.b.a. Midwest Federal Savings Bank and Jane and John Does (1 to 100), Defendants and Appellees.

Supreme Court of North Dakota.

August 15, 1985.


Attorney(s) appearing for the Case

L. Ivanlee Albrecht, pro se.

Degnan, McElroy, Lamb, Camrud, Maddock & Olson, Grand Forks, for defendants and appellees; argued by Ralph F. Carter, Grand Forks.


LEVINE, Justice.

First Federal Savings and Loan Association of Grand Forks and Minot, d.b.a. Midwest Federal Savings Bank, loaned $40,000 to L. Ivanlee Albrecht and Judy M. Albrecht in return for their promissory note and mortgage on the farm purchased with the loan proceeds. Subsequently, the Albrechts initiated an action against First Federal alleging, inter alia, fraud, breach of contract, unjust enrichment, and constitutional violations.

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