Legal Opinion
United States v. Robert P. Anderson
Court of Appeals for the Tenth Circuit
Decided September 30, 1966No. 8134_1PublishedCited by 13 opinions
1Opinion of the Court
HICKEY, Circuit Judge.
The First National Bank of Englewood, Colorado (Bank) loaned $250,000.- 00 to U. S. Durox Corporation of Colorado (Corporation). In order to induce the Bank to make the loan to the Corporation, the appellees, directors of the Corporation, executed an unconditional guarantee to the Bank, its successors or assigns.
After default on the obligation, the Bank assigned the note together with all collateral including the unconditional guarantees to the Small Business Administration (SBA), who had joined with the Bank in a participating loan.
The directors, who guaranteed the…
2Cases cited5 opinions
- Joe Heaston Tractor & Implement Company, a New Mexico Corporation v. Securities Acceptance Corporation, a Delaware CorporationCourt of Appeals for the Tenth Circuit · 1957
- Duke v. Reconstruction Finance Corp.Court of Appeals for the Fourth Circuit · 1954
- Pavlantos v. GaroufalisCourt of Appeals for the Tenth Circuit · 1937
- Walker v. McNealSupreme Court of Oklahoma · 1928
- United States v. AndersonDistrict Court, D. Colorado · 1964
3Cited by13 opinions
- United States v. Duane G. Willis and Mary J. WillisCourt of Appeals for the Sixth Circuit · 1979
- Landsing Diversified Properties-II v. First National Bank & Trust Co. (In re Western Real Estate Fund, Inc.)Court of Appeals for the Tenth Circuit · 1990
- R.I.D.C. Industrial Development Fund v. P. L. SnyderCourt of Appeals for the Fifth Circuit · 1976
- Pemstein v. StimpsonMassachusetts Appeals Court · 1994
- In Re Western Real Estate Fund, Inc., Debtors. Landsing Diversified Properties-Ii v. The First National Bank and Trust Company of Tulsa v. Kevin M. Abel Abel & Busch, Inc., Third-Party-Defendants-AppellantsCourt of Appeals for the First Circuit · 1991
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