FEDERAL DEPOSIT INS. CORP. v. DAVIS

No. 98-1800.

167 F.3d 1199 (1999)

FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for Jackson Exchange Bank & Trust Company, and First Exchange Bank & Trust Company, Appellee, v. James P. DAVIS, Appellant.

United States Court of Appeals, Eighth Circuit.

Decided February 9, 1999.


Attorney(s) appearing for the Case

Thomas Augustine Connelly, St. Louis, Missouri, argued, for Appellant.

James Carter Hetlage, St. Louis, Missouri, argued (Ann S. Duross, Robert D. McGillicuddy and Roberta H. Clark, Washington, DC, on the brief), for Appellee.

Before BEAM and LOKEN, Circuit Judges, and BOGUE, District Judge.


BOGUE, Senior District Judge.

James P. Davis appeals from a judgment on three promissory notes in favor of the Federal Deposit Insurance Corporation (FDIC), as receiver of two banks. We affirm.

I.

Background

Between 1986 and 1991, Mid-America Management Corporation (Mid America), a hotel holding company, borrowed several million dollars from two Missouri banks, Jackson Exchange Bank & Trust Company (JEB) and First Exchange Bank...

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