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DEPOSIT GUAR. NAT. BK. v. B.N. SIMRALL & SON

No. 56469.

524 So.2d 295 (1987)

DEPOSIT GUARANTY NATIONAL BANK v. B.N. SIMRALL & SON, INC.

Supreme Court of Mississippi.

Rehearing Denied May 4, 1988.

Attorney(s) appearing for the Case

Joe H. Daniel, J. Price Coleman, Timothy E. Hurley, Daniel, Coker, Horton & Bell, Rhesa H. Barksdale, Butler, Snow, O'Mara, Stevens & Cannada, Jackson, for appellant.

Robert S. Murphree, Jackson, Robert R. Bailess, Wheeless, Beanland, Shappley & Bailess, Vicksburg, for appellee.

En Banc.

HAWKINS, Presiding Justice, for the Court:

Deposit Guaranty National Bank appeals from a judgment of the circuit court of Yazoo County in favor of B.N. Simrall & Son, Inc., for $84,639.66 for offsetting funds of a cotton buyer's general business account to apply on an indebtedness due the bank by the cotton buyer, and thereby causing the check by the cotton buyer to Simrall for $84,639.66 to be returned for insufficient funds.

Finding the bank had the...

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