Western Casualty & Surety Co. v. Mississippi Bank

PATTERSON, Chief Justice,

for the Court:

This appeal arises from the Chancery Court of the First Judicial District of Hinds County, wherein The Mississippi Bank (Bank) brought suit against The Western Casualty & Surety Company (Western) and C.E. Frazier Construction Company, Inc. (Frazier), alleging that it was entitled to receive several progress payments assigned to the Bank by Gallagher Mechanical, Inc. (Gallagher), as security for loans made to Gallagher by the Bank.

Frazier was the general contractor for additions and alterations to the Navy Reserve Training Building as well as the North…