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COOSA VALLEY BANK v. TAYLOR-HOLMES INDUS. SUPPLY, INC.

81-365.

420 So.2d 51 (1982)

COOSA VALLEY BANK, a corporation v. TAYLOR-HOLMES INDUSTRIAL SUPPLY, INC., a corporation.

Supreme Court of Alabama.

September 24, 1982.

Attorney(s) appearing for the Case

Jack W. Torbert and Howard B. Warren of Torbert, Turnbach & Warren, Gadsden, for appellant.

R. Ben Hogan, III of Hogan, Smith & Alspaugh, Birmingham, and Robert H. King, Gadsden, for appellee.

JONES, Justice.

This action was tried to a jury on alternative theories of fraud and conversion, claiming both compensatory and punitive damages. The jury returned a general verdict for $30,000.00, in favor of Plaintiff TaylorHolmes and against Defendant Coosa Valley Bank. Defendant Bank's motions for directed verdict, judgment notwithstanding the verdict, and remittitur were denied. This appeal followed.

In May of...

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