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MANN v. BANK OF TALLASSEE

2950768.

694 So.2d 1375 (1996)

Henry E. MANN, Judy F. Mann, and Abyss Sand and Gravel, Inc. v. The BANK OF TALLASSEE.

Court of Civil Appeals of Alabama.

Rehearing Denied February 14, 1997.

Certiorari Denied May 16, 1997.

Attorney(s) appearing for the Case

Thomas T. Gallion III and Susan E. Kennedy of Haskell, Slaughter, Young & Gallion, Montgomery; and Fred Gray, Jr., of Gray, Langford, Sapp, McGowan, Gray & Nathanson, Tuskegee, for appellants.

Sterling G. Culpepper, Jr., and Donald R. Jones, Jr., of Balch & Bingham, Montgomery; John I. Cottle, III of Bowles & Cottle, Tallassee; and Albert Bulls, Tuskegee Institute, for appellee.

Alabama Supreme Court 1960903.

PER CURIAM.

I. Background

A. The Beginning of Abyss Sand and Gravel, Inc.

In late 1990, Henry Mann and his wife Judy Mann gave business assistance to Judy's father, Herbert Baker, who owned a gravel business in Macon County. Mr. Baker had been experiencing some financial problems and had been forced into bankruptcy. The Manns decided that they would purchase the gravel pit, form a corporation to run...

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