Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: SATURDAY, April 21, 1990 TAG: 9004210272 SECTION: SPORTS PAGE: B5 EDITION: METRO SOURCE: From Associated Press reports DATELINE: LENGTH: Short
U.S. District Judge James R. Spencer took the action after Sampson, a Harrisonburg native who played college basketball at the University of Virginia, did not respond to the case brought against him by Crestar Bank.
Sampson, 29, was served in Sacramento last month with a summons in the civil dispute. The application for the default judgment was filed Feb. 13 by the Richmond-based bank, which holds a note Sampson signed in April 1986.
In the note, Sampson agreed to pay half of the indebtedness, up to $125,000, of a $250,000 promissory note executed between Snyder & Associates of Blacksburg and the former Colonial American National Bank of Roanoke, Va., according to papers filed in federal court in Richmond.
Since the note was signed, Colonial has merged with Crestar. Snyder & Associates is a Virginia partnership formed in December 1985. The general partners are The Snyder Co. Inc. and Ralph Sampson Redevelopment Corp.
by CNB