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SIXTY ST. FRANCIS STREET v. AMERICAN SAV. AND LOAN ASS'N

88-1470.

554 So.2d 1003 (1989)

SIXTY ST. FRANCIS STREET, INC., and Cleveland A. Rivers, Sr. v. AMERICAN SAVINGS AND LOAN ASSOCIATION OF BRAZORIA COUNTY.

Supreme Court of Alabama.

As Modified on Denial of Rehearing December 15, 1989.

Attorney(s) appearing for the Case

Richard E. Shields, Mobile, for appellants.

W. Lloyd Copeland of Clark, Deen & Copeland, Mobile, and Thomas H. Brown, Birmingham, for appellee.

STEAGALL, Justice.

On November 8, 1985, Cleveland A. Rivers, Sr., purchased from his son certain real property that was subject to a mortgage to First American Mortgage Company, Inc. (hereinafter "First American"), of Baltimore, Maryland. To consummate the transaction, Rivers borrowed $9,300 from Thames, Jackson, Harris Company, Inc., and executed a mortgage to Sixty St. Francis Street, Inc. Thames, Jackson, Harris Company delivered a check in the amount of $8,099...

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