FIRST NAT. BANK OF VALDOSTA v. Elgin

ORDER

PAUL, District Judge.

In June of 1981, the First National Bank of Valdosta filed suit in the Circuit Court of Leon County, Florida, against J. Tom Elgin for collection on a “consumer collateral” note executed by Elgin in favor of the Bank. The Bank sought foreclosure on Elgin’s interest in a Florida limited partnership which was offered as security for the note. The Bank joined the United States of America as a co-defendant because. the, Government had previously declared a tax lien on Elgin’s property, including the partnership interest. The United States was successful in removing the…