FEDERAL DEPOSIT INS. CORP. v. RAMSEY

No. CIV. 3-84-719.

612 F.Supp. 326 (1985)

FEDERAL DEPOSIT INSURANCE CORPORATION v. Charles S. RAMSEY, Jr.

United States District Court, E.D. Tennessee, N.D.

June 28, 1985.


Attorney(s) appearing for the Case

Patricia Horton, Rex R. Veal, John C. Speer, Knoxville, Tenn., for plaintiff.

Robert J. English, Knoxville, Tenn., for respondent.


MEMORANDUM

JARVIS, District Judge.

This is a suit on a promissory note brought by the Federal Deposit Insurance Corporation [FDIC] in its corporate capacity. The case is before the Court on FDIC's motion for summary judgment.

The note was executed by defendant in favor of United American Bank-Knoxville [UAB-K] on May 22, 1979, in the amount of $266,666.67. The note was transferred to the First Tennessee Bank pursuant to a Purchase and Assumption...

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