Federal Savings & Loan Ins. Corp. v. Quinn

Judgment was confessed for $457,702.77 in the trial court on February 11, 1964, against defendant, Howard B. Quinn (hereinafter called Quinn), arising out of a note executed by and delivered to plaintiff’s assignor. On October 15, 1964, Quinn filed a verified motion to vacate, open up the judgment, and stay the execution thereon. On November 19, the trial court entered an order denying Quinn’s petition to open up or vacate the judgment, ordered that Quinn have leave to file a counterclaim instanter, and that plaintiff, Federal Savings & Loan Insurance Corporation (hereinafter called Federal),…