UNITED STATES v. ALL, INC.

No. 84-2124.

757 F.2d 205 (1985)

UNITED STATES of America, Appellee, v. ALL, INC., Jerry D. Jewell, Appellant. Roosevelt Brown, Paul L. Dorton, Spender Jordan, Robert J. Conrad, Trustee for National Old Line Insurance Company and the Prudential Insurance Company of America, Minute Man, Inc. d/b/a Dixie Equipment Company, Advertising Industries, City of Little Rock, Arkansas by the Little Rock Sanitary Sewer Committee, Walter Skelton, Asst. Director of Finance and Administration, State of Arkansas; Charles L. Daniels, Director, Arkansas Department of Labor.

United States Court of Appeals, Eighth Circuit.

Decided March 18, 1985.


Attorney(s) appearing for the Case

Christopher C. Mercer, Jr., Little Rock, Ark., for appellant.

Fletcher Jackson, and Katherine Savers McGovern, Asst. U.S. Attys., Little Rock, Ark., for appellee.

Before HEANEY and BRIGHT, Circuit Judges, and HANSON, Senior District Judge.


PER CURIAM.

Jerry Jewell appeals from the district court's entry of judgment against him for $57,000 in satisfaction of a guaranty he had provided to help secure a $1,350,000 loan from the Economic Development Administration (EDA). For reversal, he contends that the district court erred in determining the fair market value of the property for which the loan was made. We affirm.

Jerry Jewell, a Little Rock dentist, guarantied part of a second mortgage held...

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