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WESTERN CAS. & SUR. CO. v. MISSISSIPPI BANK

No. 53386.

423 So.2d 123 (1982)

The WESTERN CASUALTY & SURETY COMPANY v. The MISSISSIPPI BANK.

Supreme Court of Mississippi.

December 8, 1982.

Attorney(s) appearing for the Case

Ott & Purdy, William R. Purdy, Jackson, for appellant.

Heidelberg, Woodliff & Franks, Sam E. Scott, George F. Woodliff, III, Jackson, for appellee.

Before PATTERSON, C.J., and BOWLING and DAN M. LEE, JJ.

PATTERSON, Chief Justice, for the Court:

This appeal arises from the Chancery Court of the First Judicial District of Hinds County, wherein The Mississippi Bank (Bank) brought suit against The Western Casualty & Surety Company (Western) and C.E. Frazier Construction Company, Inc. (Frazier), alleging that it was entitled to receive several progress payments assigned to the Bank by Gallagher Mechanical, Inc. (Gallagher), as security for loans made to Gallagher by...

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