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CITIZENS FIDELITY BANK & TRUST COMPANY v. STARK

431 S.W.2d 722 (1968)

CITIZENS FIDELITY BANK & TRUST COMPANY, Appellant, v. Ray STARK et al., Appellees.

Court of Appeals of Kentucky.

Rehearing Denied October 11, 1968.

Attorney(s) appearing for the Case

Thomas W. Bullit, Marvin J. Hirn, M. Brooks Senn, Bullitt, Dawson & Tarrant, Louisville, for appellant.

John P. Sandidge, Woodward, Hobson & Fulton, Louisville, for appellees.

CULLEN, Commissioner.

Raymond T. Davis and wife and appellees W. Ray Stark and wife were jointly indebted on a note to the Liberty National Bank and Trust Company of Louisville, a note to the First National Lincoln Bank of Louisville, and a note to the Bank of Louisville. Each note was secured by a pledge of stock owned by the Starks. The notes to Liberty and First National totalled approximately $25,000, and the note to...

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