ROWLAD v. FARM CREDIT BANK OF ST. LOUIS

No. CA 92-699.

848 S.W.2d 433 (1993)

41 Ark.App. 79

John Uzzelle ROWLAND, et al., Appellants, v. FARM CREDIT BANK OF ST. LOUIS, Appellee.

Court of Appeals of Arkansas, Division II.

March 3, 1993.


Attorney(s) appearing for the Case

C.B. Nance, West Memphis, for appellants.

Barrett, Wheatley, Smith & Deacon, Jonesboro, Kemp, Duckett, Hopkins & Spradley, Little Rock, for appellee.


PITTMAN, Judge.

The appellants in this case, beneficiaries under a testamentary trust created by their grandmother's will, appeal from an order foreclosing the liens of two mortgages on trust property in favor of appellee and mortgagee, Farm Credit Bank of St. Louis. Appellants contend that their father, the executor of their grandmother's estate and trustee of the trust, was without authority to mortgage the property for his personal benefit and that a 1977 probate...

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