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GRAYDON v. COLONIAL BANK-GULF COAST REG.

1901745.

597 So.2d 1345 (1992)

Stuart F. GRAYDON, Sr. v. COLONIAL BANK-GULF COAST REGION, f/d/b/a Farmers & Merchants Bank; and Baldwin County Savings & Loan Association.

Supreme Court of Alabama.

April 10, 1992.

Attorney(s) appearing for the Case

Marion E. Wynne of Wilkins, Bankester, Biles & Wynne, P.A., Fairhope, for appellant.

Edward S. Sledge III of Hand, Arendall, Bedsole, Greaves & Johnston, Mobile, for appellee Baldwin County Federal Sav. Bank.

Dorothy Wells Littleton of Sasser & Littleton, P.C., Montgomery, for appellee Colonial Bank.

HORNSBY, Chief Justice.

On July 9, 1986, Colonial Bank-Gulf Coast Region, f/d/b/a Farmers & Merchants Bank ("Colonial"), and Baldwin County Savings & Loan Association ("Baldwin"), sued Stuart F. Graydon, Sr., Grayco Land, Inc., and Ike W. Thrash because of a default in payment on a promissory note (the other signatories on the promissory note had filed bankruptcy petitions prior to the filing of this suit). Colonial and Baldwin also sought an order that would...

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