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GRAY v. NATIONAL CITY BANK INDIANA

No. 29S02-9712-CV-636.

687 N.E.2d 356 (1997)

Mary Jane GRAY, Appellant (Garnishee Defendant Below), v. NATIONAL CITY BANK, INDIANA f/k/a Union State Bank, Appellee (Plaintiff Below).

Supreme Court of Indiana.

December 1, 1997.

Attorney(s) appearing for the Case

R.C. Richmond, III, Indianapolis, for Appellant.

George W. Hopper, Mark R. Galliher, Indianapolis, for Appellee.

ON PETITION TO TRANSFER

BOEHM, Justice.

Donald and Mary Jane Gray ("Donald" and "Jane") were married in 1968 and remained married from that point on. In 1986 Union State Bank, a predecessor of plaintiff National City Bank of Indiana, NA, (collectively "NCB") lent $787,500 to Donald in an unsecured loan on which Jane had no liability. The financial statements furnished to NCB showed Donald's net worth in excess of $20 million and reported an annual income...

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