Document ID: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-ca10-90-06290/USCOURTS-ca10-90-06290-0/pdf.json

Parties Involved:
Resolution Trust Corporation
Appellee
Cheralyn B. Welsh
Appellant
Kent L. Welsh
Appellant

Document Text:

Fl LED 

UNITED STATES COURT OF APPEALS United States Court of Appeals 

TENTH CIRCUIT 

RESOLUTION TRUST CORPORATION, ) 

in its capacity as Conservator ) 

for City Savings Bank, F.S.B. ) 

) 

Plaintiff-Appellee, ) 

) 

V • ) 

) 

KENT L. WELSH; CHERALYN B. WELSH, ) 

) 

Defendants-Appellants, ) 

) 

RESOLUTION TRUST CORPORATION, ) 

in its capacity as Receiver for ) 

City Federal Savings Bank, ) 

) 

Third-party defendant. ) 

RESOLUTION TRUST CORPORATION, ) 

in its capacity as Conservator ) 

for City Savings Bank, F.S.B. ) 

) 

Plaintiff-Appellee, ) 

) 

V • ) 

) 

KENT L. WELSH; CHERALYN B. WELSH, ) 

) 

Defendants-Appellants. ) 

ORDER AND JUDGMENT* 

T"'nth r; .. ,,,it 

A.P 2 5 1991 

ROBERT L. HOECKER 

Clerk 

No. 90-6290 

(D.C. No. CIV-90-494-R) 

(W.D. Oklahoma) 

No. 90-6291 

(D.C. No. CIV-90-381-R) 

(W.D. Oklahoma) 

Before LOGAN, MOORE, and BALDOCK, Circuit Judges. 

* This order and judgment has no precedential value and shall not 

be cited, or used by any court within the Tenth Circuit, except 

for purposes of establishing the doctrines of the law of the case, 

res judicata, or collateral estoppel. 10th Cir. R. 36.3. 

Appellate Case: 90-6290 Document: 010110105145 Date Filed: 04/25/1991 Page: 1 
After examining the briefs and appellate record, this panel 

has determined unanimously that oral argument would not materially 

assist the determination of these appeals. See Fed. R. App. P. 

34(a); 10th Cir. R. 34.1.9. The cases are therefore ordered submitted without oral argument. 

In these appeals Kent L. Welsh and Cheralyn B. Welsh appeal 

adverse judgments entered against them in actions removed from 

state court by the Resolution Trust Corporation (RTC) in its 

capacity as receiver for City Federal Savings Bank. City Federal 

Savings Bank sought to enforce certain promissory notes and 

foreclose mortgages executed by the Welshes. The Welshes raised 

the defense of oral modifications which were supposed to have 

reduced the interest rates payable on their notes. The state 

district court decided against the Welshes and the case was on 

appeal when City Federal Savings Bank became insolvent and was 

taken over by the RTC. The RTC removed the cases to federal 

court, which treated the case on appeal as a motion for a new 

trial and reaffirmed the decision of the state district court. 

After reviewing the record and the authorities cited by both 

parties, we cannot add significantly to the analysis of the 

district court. We affirm for substantially the reasons given in 

the district court's Order of August 16, 1990. 

AFFIRMED. 

-2-

Entered for the Court 

James K. Logan 

Circuit Judge 

Appellate Case: 90-6290 Document: 010110105145 Date Filed: 04/25/1991 Page: 2