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FEDERAL DEPOSIT INS. CORP. v. GARDNER

Civ. A. No. J82-0666(B).

606 F.Supp. 1484 (1985)

FEDERAL DEPOSIT INSURANCE CORPORATION, in its corporate capacity, Plaintiff, v. Jackie GARDNER and Gardner Land Company, Inc., Defendants, v. Lawrence E. STATON and Joe Siebenmorgen (Third Party Defendants).

United States District Court, S.D. Mississippi, Jackson Division.

April 19, 1985.

Attorney(s) appearing for the Case

Paul J. Stephens, Jamie G. Houston, III, Watkins & Eager, Jackson, Miss., for plaintiff.

Roy D. Powell; Michael S. Allred, Edwin Y. Hannan, Thomas L. Kirkland, Jr., Satterfield & Allred, Jackson, Miss., for defendants.

Robert McHenry, Little Rock, Ark., for Joe Siebenmorgan.

MEMORANDUM OPINION AND ORDER

BARBOUR, District Judge.

This matter came before this Court on three Motions for Summary Judgment.1 Federal Deposit Insurance Corporation ("FDIC") was substituted as party plaintiff in place of the Bank of Quitman, Quitman, Arkansas, an Arkansas State Bank ("Bank").2 The Bank had originally filed a "Declaration" (hereinafter...

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