PEOPLES BANK & TRUST v. L. & T. DEVELOPERS

No. 54171.

437 So.2d 7 (1983)

The PEOPLES BANK AND TRUST COMPANY and Bank of Mississippi v. L. & T. DEVELOPERS, INC., Joe L. Arick, D/B/A A. & H. Electrical and Refrigeration; and the Wickes Corporation.

Supreme Court of Mississippi.

August 17, 1983.


Attorney(s) appearing for the Case

Riley & Weir, James Patrick Caldwell, Mitchell, Eskridge, Voge, Clayton & Beasley, Stephen M. Corban, Tupelo, for appellants.

Robert L. Lancaster, Columbus, Carnathan & Malski, John M. Creekmore, Tupelo, Tubb, Stevens & Morrison, J. Joshua Stevens, Jr., West Point, for appellees.

Before PATTERSON, C.J., and ROY NOBLE LEE and ROBERTSON, JJ.


ON MOTION FOR ASSESSMENT OF STATUTORY DAMAGES

ROBERTSON, Justice, for the Court:

I.

On April 12, 1982, the Chancery Court of Clay County, Mississippi, rendered a final decree the net effect of which was the recognition of perfected liens or security interests in and to one or more of three tracts of land in Clay County, the priorities and amounts of which are as follows:

             TRACT NO. I

(1) (a) Joe...

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