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FEDERAL SAV. & LOAN INS. v. LAFAYETTE INV. PROP.

No. 88-3132 Summary Calendar.

855 F.2d 196 (1988)

FEDERAL SAVINGS & LOAN INSURANCE CORPORATION, as Receiver for Sun Belt Federal Bank, F.S.B., Plaintiff-Appellee, v. LAFAYETTE INVESTMENT PROPERTIES, INC., et al., Defendants, T. Kenneth Watkins, Defendant-Appellant.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied October 4, 1988.

Attorney(s) appearing for the Case

Merrill T. Landwehr, New Orleans, La., for defendant-appellant.

Bruce V. Schewe, George Denegre, Jr., Marie Breaux Stroud, Edward J. Gay, III, New Orleans, La., for plaintiff-appellee.

Before CLARK, Chief Judge, JOHNSON and JOLLY, Circuit Judges.

PER CURIAM:

The Federal Savings & Loan Insurance Corporation ("FSLIC"), as receiver for Sun Belt Bank, obtained summary judgment against Kenneth Watkins for the balance due on a $600,000 promissory note. Watkins contends that Sun Belt fraudulently induced him to sign the note by representing to him that his endorsement would be released when the document evidencing the security for the loan was "completed." We affirm the district court's grant of summary judgment...

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