HART v. FIRST NAT. BANK


690 S.W.2d 536 (1985)

A.S. HART and A.S. Hart & Company, Inc., Plaintiffs-Appellants, v. FIRST NATIONAL BANK OF MEMPHIS, Milton C. Picard, David E. Caywood and Louis P. Santi, Defendants-Appellees.

Court of Appeals of Tennessee, Western Section, at Jackson.

Permission to Appeal Denied May 13, 1985.


Attorney(s) appearing for the Case

J.N. Raines, Oscar C. Carr, III, Dorothy J. Pounders, Memphis, for plaintiffs-appellants.

James S. Cox, William F. Kirsch, Jr., Leo Bearman, Jr., Samuel H. Mays, Jr., Memphis, for defendants-appellees.


Permission to Appeal Denied by Supreme Court May 13, 1985.

HIGHERS, Judge.

This case involves issues of apparent authority and interference with contractual relations. The facts may be stated in abbreviated form as follows:

In 1975, First National Bank (currently First Tennessee Bank), held $200,000 par value debentures issued by Pure Packed Foods, Inc. On July 23, 1975, the bank held a public sale for the debentures. Only defendant Picard made a bid...

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