First National Bank of Columbus v. Shelby Drummond

This case involves the first certification of a question of law by this court to the Supreme Court of Mississippi pursuant to its Rule 46. 642 F.2d 181 (5th Cir.). Our disposition today is in accordance with the response to the questions certified.

First National Bank of Columbus appeals a summary judgment entered under Rule 56, Federal Rules of Civil Procedure, dismissing its claims against Shelby Drummond. The district court concluded that the one year statute of limitations prescribed in Section 15-1-23 Mississippi Code Annotated (1972) barred the action by the bank. On appeal, the bank…