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NATIONAL CREDIT UNION ADMIN. BD. v. GRAY

No. 92-1226.

1 F.3d 262 (1993)

NATIONAL CREDIT UNION ADMINISTRATION BOARD, Plaintiff-Appellee, v. Rosalind D. GRAY, Administratrix of the Estate of Herman Wilson, Defendant-Appellant.

United States Court of Appeals, Fourth Circuit.

Decided August 13, 1993.

Attorney(s) appearing for the Case

Mark Van Lanier Gray, Greensboro, NC, argued for defendant-appellant.

Gary Hamilton Clemmons, Stubbs, Perdue, Chesnutt, Wheeler & Clemmons, P.A., New Bern, NC, argued for plaintiff-appellee.

Before HALL and WILKINS, Circuit Judges, and KISER, United States District Judge for the Western District of Virginia, sitting by designation.

OPINION

K.K. HALL, Circuit Judge:

This appeal was taken from the denial of two Rule 60(b) motions to set aside the judgment against the estate of Herman Wilson. We remand with instructions to vacate the judgments against the now-deceased Wilson and against the administratrix of his estate.

I

In 1986, Craven County Federal Credit Union (Craven) loaned $38,000 to Aqualands Community Housing Development (Aqualands). The loan was secured by...

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