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CENTRAL ACCEPT. CORP. v. COLONIAL BANK OF ALA.

82-463, 82-464 and 82-465.

439 So.2d 144 (1983)

CENTRAL ACCEPTANCE CORPORATION, a corp. v. COLONIAL BANK OF ALABAMA, N.A. Raymond E. EVANS v. COLONIAL BANK OF ALABAMA, N.A. Bryant A. WHITMIRE, Jr., as Administrator ad litem of the Estate of Sue B. Evans, deceased v. COLONIAL BANK OF ALABAMA, N.A.

Supreme Court of Alabama.

September 30, 1983.

Attorney(s) appearing for the Case

David Cromwell Johnson and Bryant A. Whitmire, Jr. as Administrator Ad Litem, Birmingham, for appellants.

C. Lee Reeves of Sirote, Permutt, Friend, Friedman, Held & Apolinsky, Birmingham, for appellees.

FAULKNER, Justice.

These appeals come to us from a summary judgment in favor of the plaintiff, Colonial Bank, against Central Acceptance Corporation, Raymond Evans, and Bryant Whitmire, Jr., as administrator ad litem of the estate of Sue Evans, deceased.

Central Acceptance was engaged in the business of financing accounts receivable. Colonial Bank entered into a loan agreement with Central Acceptance on April 5, 1979, pursuant to which Colonial made cash advances...

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