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GROSS v. CITIZENS FIDELITY BANK — WINCHESTER

Nos. 92-CA-0604-MR, 92-CA-0712-MR.

867 S.W.2d 212 (1993)

Delmus G. GROSS, Appellant, v. CITIZENS FIDELITY BANK — WINCHESTER, Appellee. CITIZENS FIDELITY BANK — WINCHESTER, Cross-Appellant, v. Delmus G. GROSS, Cross-Appellee.

Court of Appeals of Kentucky.

December 10, 1993.

Attorney(s) appearing for the Case

James T. Gilbert and Charles R. Coy, Richmond, for appellant/cross-appellee.

Richard C. Ward, Barbara B. Edelman and Penny R. Warren, Wyatt, Tarrant & Combs, Lexington, for appellee/cross-appellant.

Before DYCHE, McDONALD and WILHOIT, JJ.

DYCHE, Judge.

Delmus G. "Bunt" Gross, a prosperous car dealer and resident of Estill County, did his banking business with Union Bank and Trust Company in Irvine until 1985, when a solicitation from Ray Reichel, an officer at Citizens Fidelity Bank ["Citizens"] in Winchester, began a business relationship which culminated in the events prompting this litigation.

In July 1985, Gross established a line of credit with Citizens in the amount of $200,000; half...

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