Raley v. Royal Ins. Co. Ltd.

386 So.2d 742 (1980)

Nathan O. RALEY et al.

v.

ROYAL INSURANCE COMPANY LIMITED et al.

79-18.

Supreme Court of Alabama.

August 8, 1980.

James M. Prestwood of Prestwood & Prestwood, Andalusia, for appellants.

Griffin Sikes of Tipler, Fuller & Sikes, Andalusia, for appellees.

FAULKNER, Justice.

The Raleys appeal from a summary judgment in a suit brought by them against Royal Insurance, and Royal Globe for conversion. We reverse.

May 21, 1975, the Raleys executed a mortgage to the Covington County Bank on Lot 20, Conecuh Subdivision, that secured a promissory note for $11,859.12. Meanwhile, on April 14,…