BANK v. CANNON

81-294.

414 So.2d 926 (1982)

Phenix Girard BANK v. M. Olease CANNON.

Supreme Court of Alabama.

Rehearing Denied May 28, 1982.


Attorney(s) appearing for the Case

L. Joel Collins of Smith, Smith & Collins, Phenix City, for appellant.

James M. Ivins of Cornett, Perdue & Ivins, Phenix City, for appellee.


FAULKNER, Justice.

This is an action by Phenix Girard Bank against M. Olease Cannon to recover a debt due under a promissory note. The jury rendered a verdict in favor of Cannon. We reverse and remand.

Slocumb & Cannon, Inc. was a corporation in the business of selling various appliances. The corporation had been doing business for over twenty years. Slocumb & Cannon, Inc. carried on banking activities with...

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