Legal Opinion
Still v. City Bank & Trust Co. (In re Mayfield)
United States Bankruptcy Court, E.D. Tennessee
Decided May 25, 1984No. Bankruptcy No. 1-81-01341; Adv. No. 1-82-0863Published
1Opinion of the Court
MEMORANDUM
RALPH H. KELLEY, Bankruptcy Judge.
The trustee in bankruptcy for Billy Gene Mayfield brought this suit against City Bank and Trust to recover a promissory note and a real estate mortgage that secures the note. The note is payable to Mayfield, and he is the mortgagee.
Before Mayfield’s bankruptcy, he maintained a checking account with City Bank and Trust. White Brothers Poultry and Egg Company issued several checks to Mayfield, totaling about $45,000. When Mayfield deposited the checks to his account at City Bank and Trust, it credited the account. The bank honored Mayfield’s checks…
2Cases cited7 opinions
- Pazol v. CITIZENS NATIONAL BANK.Court of Appeals of Georgia · 1964
- Long Island National Bank v. ZawadaAppellate Division of the Supreme Court of the State of New York · 1970
- Bank of Costa Mesa v. LosackCalifornia Court of Appeal · 1977
- Jackson Bros. v. Harpeth National BankCourt of Appeals of Tennessee · 1930
- Furst & Furst v. FreelsCourt of Appeals of Tennessee · 1928
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