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GLOVER v. NAT. BANK OF COMMERCE OF PINE BLUFF

No. 75-123.

529 S.W.2d 333 (1975)

Elkana GLOVER, Appellant, v. NATIONAL BANK OF COMMERCE OF PINE BLUFF, Appellee.

Supreme Court of Arkansas.

Rehearing Denied December 8, 1975.

Attorney(s) appearing for the Case

Reinberger, Eilbott, Smith & Staten, Pine Bluff, for appellant.

Bridges, Young, Matthews & Davis, Pine Bluff, for appellee.

GEORGE ROSE SMITH, Justice.

On October 17, 1972, the appellant Glover and his partner Ferguson, who were in the meat-packing business, borrowed $20,000 from the appellee bank and gave a 90-day note for the debt. The partnership was not doing well. Two or three days before the note was due Glover informed an officer of the bank that Ferguson was buying Glover's interest in the partnership (for $25,000 cash), that Ferguson...

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