GULF NAT. BANK v. WALLACE

No. 52217.

394 So.2d 864 (1980)

GULF NATIONAL BANK v. Rosemary Evans WALLACE.

Supreme Court of Mississippi.

Rehearing Denied March 18, 1981.


Attorney(s) appearing for the Case

John C. Ellis, W. Joel Blass, Mize, Thompson & Blass, Gulfport, for appellant.

Joe Sam Owen, Gulfport, for appellee.

Before PATTERSON, C.J., and BROOM and BOWLING, JJ.


BROOM, Justice for the Court:

Fraud related to execution of documents securing a bank loan is the gist of the action of Rosemary Evans Wallace1 (hereinafter Mrs. Wallace) against Gulf National Bank (GNB). Trial in the Circuit Court of Harrison County, First Judicial District, resulted in a verdict of $250,000 actual and $350,000 punitive damages in favor of Mrs. Wallace. Remittitur of $250,000 was ordered below leaving Mrs. Wallace with...

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