Federal Deposit Insurance Corporation v. William W. Godshall and Martha D. Godshall

WINTER, Circuit Judge:

In a suit on a note, Federal Deposit Insurance Corporation (FDIC) obtained a judgment for $65,500.00 against defendants, William W. and Martha D. Godshall. Defendants agreed that that sum was due on the note, but they assert that the district court lacked subject matter jurisdiction under 12 U.S.C. § 1819. We disagree. We affirm the judgment.

I

The note on which suit was brought was executed and delivered by defendants to American Bank & Trust Company (Bank). To show how FDIC became the holder and to set forth the facts relating to the question concerning the district…