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METRO BANK v. HENDERSON'S BUILDERS SUPPLY

1911841.

613 So.2d 339 (1993)

METRO BANK, an Alabama corporation v. HENDERSON'S BUILDERS SUPPLY COMPANY, INC., a corporation.

Supreme Court of Alabama.

January 22, 1993.

Attorney(s) appearing for the Case

Hugh E. Holladay of Blair, Holladay and Parsons, Pell City, for appellant.

Erskine R. Funderburg of Church, Trussell & Funderburg, P.C., Pell City, for appellee.

HOUSTON, Justice.

This case involves a dispute as to the priority of respective liens.

In March 1991, Carol Chandler, as president of Lakeside Cove, Inc., began constructing a commercial building in St. Clair County. (Hereinafter Chandler and Lakeside Cove will be referred to collectively as "Chandler.") Chandler obtained financing for the construction from Metro Bank and obtained building materials from Henderson's Building Supply Company, Inc. ("Henderson...

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