Federal Deposit Ins. Corp. v. Lowery

DREW, Judge.

The plaintiff-appellee, Federal Deposit Insurance Corporation, in its capacity as receiver of the DeSoto Bank & Trust Company, instituted this action against defendant-appellant, J. W. Lowrey, and as the basis therefor alleged that among the assets of said DeSoto Bank & Trust Company is one certain promissory note, dated Mansfield, Louisiana, March 28, 1936, signed and executed by said J. W. Lowrey, a resident of the Parish of DeSoto, State of Louisiana, said note being due and payable six months after its date, payable to the order of DeSoto Bank & Trust Company, for the…