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CARMICHAEL v. SECURITY SAV. & LOAN ASS'N

No. 78-80.

574 S.W.2d 651 (1978)

Charles CARMICHAEL, Appellant, v. SECURITY SAVINGS & LOAN ASSOCIATION OF CONWAY, Appellee.

Supreme Court of Arkansas, Division 2.

Rehearing Denied January 12, 1979.

Attorney(s) appearing for the Case

Phil Stratton, Conway, for appellant.

Henry & Graddy by Larry E. Graddy, Conway, for appellee.

FOGLEMAN, Justice.

Appellant Charles Carmichael, while a minor, suffered injuries in an automobile accident, as a result of which he became a quadriplegic. He received a settlement upon an insurance claim arising from these injuries. His father, Levi Carmichael, was appointed as his guardian on April 30, 1974. On June 18, 1974, Levi Carmichael purchased a $5,000 savings certificate from appellee Security Savings & Loan Association. The funds used were those of...

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