Glassman v. Federal Deposit Insurance

Herbert S. Glassman, defendant, appeals from three judgments entered on April 11, 1968 against him in favor of Federal Deposit Insurance Corporation, Receiver of Crown Savings Bank, Newport News, Virginia, plaintiff. The judgments, aggregating $25,000, were rendered on three negotiable notes made by defendant.

By agreement the three motions for judgment were tried together before the court sitting without a jury. The evidence consisted of certain exhibits, the deposition of Leroy F. Ridley, president of Crown Savings, and the testimony of Glassman and Richard B. Keeley.

The three notes involved…