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SLIGH v. FIRST NAT. BANK OF HOLMES COUNTY

No. 97-CA-00756-SCT.

735 So.2d 963 (1999)

William B. SLIGH and Lucy M. Sligh v. FIRST NATIONAL BANK OF HOLMES COUNTY and Harreld Chevrolet Company.

Supreme Court of Mississippi.

Rehearing Denied June 17, 1999.

Attorney(s) appearing for the Case

Michael S. Allred, Jackson, J.M. Ritchey, Canton, Mark McDougal, Vicki Robinson Slater, Jackson, Attorneys for Appellants.

Roger C. Riddick, James L. Carroll, Jackson, L. Bradley Dillard, Tupelo, Attorneys for Appellees.

BEFORE PITTMAN, P.J., SMITH AND MILLS, JJ.

SMITH, Justice, for the Court:

STATEMENT OF THE CASE

¶ 1. On January 30, 1993, William Sligh and Gene Lorance were involved in an automobile accident. William was paralyzed as a result of the accident. Gene Lorance was the son of Arthur and Edith Lorance. On September 7, 1988, Edith Lorance executed a trust agreement whereby an inter vivos trust consisting of $100,000 was created for the benefit of herself and her adult son Gene Lorance. By its...

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