Legal Opinion
Landreth v. First National Bank of Cleburne County
Court of Appeals for the Eighth Circuit
Decided January 19, 1995No. 93-3936PublishedCited by 12 opinions
1Opinion of the Court
MAGILL, Circuit Judge.
Billie Landreth appeals the district court’s order granting First National Bank of Cle-burne County (FNBC) and Federal Deposit Insurance Corporation (FDIC) summary judgment on Landreth’s complaint for refusal to honor a certificate of deposit (CD). Landreth argues the district court erred in determining that the statute of limitations had run. We reverse.
I. BACKGROUND
Guy and Ludie Bailey purchased a CD in the amount of $2900 from the Bank of Quit-man on March 18, 1970, which paid interest *268for only six months. The Baileys placed this CD into a safe deposit box in the Bank…
2Cases cited18 opinions
- Salve Regina College v. RussellSupreme Court of the United States · 1991
- J.W. Reynolds Lumber Co. v. Smackover State BankSupreme Court of Arkansas · 1992
- Ana Maria Edelmann v. The Chase Manhattan Bank, N.A.Court of Appeals for the First Circuit · 1988
- Anadarko Petroleum Co. v. VenableSupreme Court of Arkansas · 1993
- Commercial Union Insurance Company v. John P. McKinnon Barbara A. McKinnonCourt of Appeals for the Eighth Circuit · 1994
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3Cited by12 opinions
- ELCA Enterprises, Inc. v. Sisco Equipment Rental & Sales, Inc.Court of Appeals for the Eighth Circuit · 1995
- BNL Equity Corp. v. PearsonSupreme Court of Arkansas · 2000
- Federal Deposit Insurance v. NordbrockCourt of Appeals for the Eighth Circuit · 1996
- Horton v. MitchellCourt of Appeals of Arkansas · 2018
- Penagos v. Capital BankDistrict Court of Appeal of Florida · 2000
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