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IN RE DILLON CONST. CO., INC.

Nos. 89-2942, 90-1082.

922 F.2d 495 (1991)

In re DILLON CONSTRUCTION COMPANY, INC., Debtor. HOME FEDERAL SAVINGS & LOAN ASSOCIATION, Appellee, v. DILLON CONSTRUCTION COMPANY, INC., Phyllis B. Dillon, Gerald W. Dillon, Appellants. Shrader Construction Company, Inc., and Pine Lake Country Club, Inc.

United States Court of Appeals, Eighth Circuit.

Decided January 7, 1991.

Attorney(s) appearing for the Case

William L. Owen, Little Rock, Ark., for appellants.

T. Martin Davis, Little Rock, Ark., for appellee.

Before BOWMAN, Circuit Judge, FLOYD R. GIBSON, Senior Circuit Judge, and WOLLMAN, Circuit Judge.

BOWMAN, Circuit Judge.

Gerald and Phyllis Dillon ("the Dillons") appeal from the order of the District Court1 entering judgment in favor of Home Federal Savings & Loan Association ("Home Federal"). We affirm.

In 1985, Dillon Construction Company, Inc. ("Dillon Construction") entered into a line of credit loan agreement and a profit participation agreement with Home Federal. The purpose of these agreements was to provide financing...

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