Colorado State Bank of Walsh v. United States
United States Court of Claims
1Opinion of the Court
OPINION
HARKINS, Senior Judge:
Colorado State Bank of Walsh (the Bank) seeks to recover on a contract made by the Department of Agriculture, Farmers Home Administration (FmHA), to guarantee a loan made under the Emergency Agriculture Credit Adjustment Act of 1978.1 The complaint, filed February 20, 1985, sought judgment in the amount of $350,000, plus interest in the amount of $263,836.03 accrued to January 11, 1985, and further interest from that date at the rate of $122.26 per day. Defendant’s amended answer, filed February 12, 1986, raised four affirmative defenses: (1) negligent servicing…
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