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FIRST FEDERAL SAV. AND LOAN v. BELL

1910507.

601 So.2d 939 (1992)

FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF SYLACAUGA v. T.R. BELL.

Supreme Court of Alabama.

July 10, 1992.

Attorney(s) appearing for the Case

Larry R. Newman of Newman & Sexton, Birmingham, for appellant.

James S. Hubbard, Anniston, for appellee.

SHORES, Justice.

T.R. Bell sued to determine whether he had any obligation to First Federal Savings and Loan Association of Sylacauga ("First Federal") under a letter of credit. First Federal appeals from a summary judgment for Bell declaring that he had no obligation. We affirm.

The genesis of the controversy is a supersedeas bond posted in another case, Butner v. Deupree, CV-85-1000061, Talladega Circuit Court. In that case, Deupree had suffered a...

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