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FEDERAL SAV. AND LOAN INS. CORP. v. MURRAY

No. 88-3021.

853 F.2d 1251 (1988)

FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, Plaintiff-Appellee, v. Mary Anne MURRAY, et al., Defendants, Alice Jayne Glasser, wife of/and Gerry E. Hinton, Marliene Revon Salvaggio, wife of/and Philip M. Salvaggio, Defendants-Appellants.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied October 5, 1988.

Attorney(s) appearing for the Case

Daniel A. Smith, New Orleans, La., for Glasser.

G. Brice Jones, Slidell, La., for Salvaggio.

Nathan T. Gisclair, Jr., and Stephen P. Schott, New Orleans, La., for plaintiff-appellee.

Before GEE, DAVIS and SMITH, Circuit Judges.

W. EUGENE DAVIS, Circuit Judge:

The makers of promissory and collateral mortgage notes appeal the district court's ruling on summary judgment that Federal Savings and Loan Insurance Corp. (FSLIC) could recover on the notes despite a number of defenses, including one based on evidence that Alliance Federal Savings and Loan Association (Alliance), the savings and loan holding the notes, had altered them fraudulently. We affirm.

I.

Four married couples...

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