Deposit Guaranty National Bank v. Pete

HAWKINS, Presiding Justice,

for the Court:

Deposit Guaranty appeals from a judgment against it in the First Judicial District of the Hinds County Circuit Court in the amount of $8,322.25 for failure to withhold the funds of the garnishee.

We are not persuaded by the bank’s contention that the garnishee had no interest in these funds, and affirm.

FACTS

Mr. and Mrs. Art Washington contracted with William E. Jones in November, 1986, to construct a house, agreeing to pay him $70,000, and making a down payment of $2,000. Deposit Guaranty loaned the Washingtons $65,000 in January, 1987, secured by a…