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MURPHY v. SOUTHTRUST BANK

No. 1910966.

611 So.2d 269 (1992)

Robert R. MURPHY v. SOUTHTRUST BANK OF ALABAMA, N.A.

Supreme Court of Alabama.

Rehearing Denied December 18, 1992.

Attorney(s) appearing for the Case

Gayle H. Gear and William M. Dawson, Birmingham, for appellant.

Gary W. Farris of Burr & Forman, Birmingham, for appellee.

STEAGALL, Justice.

The Jefferson County Teachers Credit Union (hereinafter the "Credit Union") filed a complaint in interpleader against SouthTrust Bank of Alabama, N.A. ("SouthTrust"), Robert R. Murphy, and J. Wayne Clark, alleging that it had made a loan to Elizabeth Howard to finance the purchase of a 1990 Cadillac automobile from Rickwood Auto Sales ("Rickwood Auto"). The Credit Union issued a check to Howard and Rickwood Auto, which was then negotiated to SouthTrust...

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