Snipes v. Commercial & Industrial Bank

This litigation originated as an attachment in chancery. Commercial & Industrial Bank, a banking corporation chartered and doing business under the laws of the State of Tennessee, with its principal place of business in the City of Memphis, filed its bill of complaint in the Chancery Court of the First Judicial District of Hinds County against Guy G. Snipes and wife, Mrs. Eola Cummings Snipes, residents of the City of 'Memphis, Tennessee, but who operated the partnership firm of Snipes Pontiac Company, in the City of Batesville, Mississippi, as principal defendants, and the Home Insurance…