United States v. Louis B. Houff, Jr., and C. E. Keefer, and Third-Party v. The C. F. Sauer Company, Third-Party

WINTER, District Judge.

When appellee, the United States of America, assignee of a guaranty, a loan agreement and a note evidencing a loan made by The Campbell County Bank, of Rustburg, Virginia, to Famous Virginia Foods Corporation (hereafter called “Famous Foods”), under the provisions of the Small Business Administration Act (15 U.S.C.A. § 636), sued appellants, two officers of Famous Foods, and guarantors of the loan, on their agreement of guaranty, the lower court granted summary judgment for the appellee in the amount of $54,551.87, with interest. Because of the lack of diversity of…