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RALLS v. FIRST FED. SAV. & LOAN ASS'N, ETC.

80-752.

422 So.2d 764 (1982)

John G. RALLS v. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF ANDALUSIA, a Corporation.

Supreme Court of Alabama.

Rehearing Denied November 19, 1982.

Attorney(s) appearing for the Case

Ab Powell, III of Powell & Powell, Andalusia, and William D. Melton, Evergreen, for appellant.

W. Sidney Fuller of Tipler, Fuller & Sikes, Andalusia, for appellee.

ALMON, Justice.

This case involves a dispute over a loan commitment issued by First Federal Savings and Loan Association of Andalusia (First Federal) to John G. Ralls. The defense to Ralls's action is accord and satisfaction.

Ralls acquired a franchise permitting him to operate a Days Inn Motel. In 1978, he began investigating the feasibility of constructing and operating a motel in Evergreen, Alabama. He discussed construction loans with several lending institutions...

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