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  5. 897 F.2d 1041 (1990)
 

IN RE REPUBLIC TRUST & SAV. CO.

No. 88-2182.

897 F.2d 1041 (1990)

In re REPUBLIC TRUST & SAVINGS COMPANY, doing business as Western Trust & Savings Company; and Republic Financial Corporation, an Oklahoma Corporation, Debtors. R. Dobie LANGENKAMP, Successor Trustee, Appellee, v. P.A. HACKLER; Delores Hackler; C.A. Culp; Julia Culp; Culp Distributing Company; Kenneth D. Moore; Mary L. Moore; Kemel Saied; Constance G. Saied; Hattie Lou Gesin; Leroy Dennis; and Janet Dennis, Appellants.

United States Court of Appeals, Tenth Circuit.

Rehearing Denied April 10, 1990.

Attorney(s) appearing for the Case

John J. Carwile (Sam G. Bratton II and Richard H. Foster with him on the brief), of Doerner, Stuart, Saunders, Daniel & Anderson, Tulsa, Okl., for appellee.

Tony W. Haynie (William E. Rutledge and Deirdre O. Dexter with him on the brief), of Conner & Winters, Tulsa, Okl., for appellants.

Before LOGAN and BALDOCK, Circuit Judges and SAFFELS, District Judge.

BALDOCK, Circuit Judge.

The debtors, Republic Trust & Savings Company and Republic Financial Corporation, were uninsured financial institutions doing business in Oklahoma. Appellants were holders of thrift and passbook savings certificates issued by the debtors to represent the debtors' promise to repay monies the appellants had invested in them. Between July 5 and September 19, 1984, appellants redeemed their certificates and accepted payments from the debtors...

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