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DEPOSIT GUAR. NAT. BANK v. BIGLANE

No. 53511.

427 So.2d 945 (1983)

DEPOSIT GUARANTY NATIONAL BANK v. D.A. BIGLANE, Receiver, John S. Roberts, Nelson Case, J.C. Burgess, III and Richard E. Stratton, III.

Supreme Court of Mississippi.

Rehearing Denied March 9, 1983.

As Modified on Denial of Rehearing April 13, 1983.

Attorney(s) appearing for the Case

Young, Scanlon & Sessums, Pat H. Scanlon, Jackson, for appellant.

Richard E. Stratton, III, Brookhaven, for appellee.

En banc.

SUGG, Presiding Justice, for the Court:

This appeal is from a decree of the Chancery Court of Jefferson County terminating a receivership, declaring Deposit Guaranty National Bank to be the owner of a 10% interest in the assets of the Alcorn Pipeline Company, and denying the Bank's petition for partition. For a proper understanding of the issues it is necessary that the facts be set out in detail.

STATEMENT OF THE FACTS

On January 25, 1967, Nelson...

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