Legal Opinion

Bank of Southeast v. Koslin

Supreme Court of Alabama

Decided February 29, 1980No. 78-683PublishedCited by 28 opinions

1Opinion of the Court

The primary issues presented by this appeal are:(1) The propriety of the trial court's granting of summary judgment;(2) The correctness of the trial court's exclusion of evidence under the dead man's statute;(3) The extent of liability of a guarantor to pay overdrafts of a corporation, when the overdrafts were caused by the bank's honoring checks with only one signature, when a corporate resolution required at least two signatures.

The Bank of the Southeast filed suit against five individual guarantors, each a director and stockholder of Wilkline Industries, Inc., to collect Thirty-eight…

2Cases cited8 opinions

  1. Taylor v. First National Bank of TuskaloosaSupreme Court of Alabama · 1966
  2. City of Birmingham v. Community Fire DistrictSupreme Court of Alabama · 1976
  3. McCary v. McMorrisSupreme Court of Alabama · 1957
  4. Movie Films, Inc. v. First Security Bank of Utah, NAUtah Supreme Court · 1968
  5. Rudisill Soil Pipe Co. v. First Nat. Bank of AnnistonSupreme Court of Alabama · 1932

3 more not listed; retrieve them via the Exa API.

3Cited by28 opinions

  1. Smith v. Equifax Services, Inc.Supreme Court of Alabama · 1988
  2. Stover v. Alabama Farm Bureau Ins. Co.Supreme Court of Alabama · 1985
  3. McNabb v. StateCourt of Criminal Appeals of Alabama · 2007
  4. McMillan, Ltd. v. WARRIOR DRILLING & ENG.Supreme Court of Alabama · 1987
  5. Bush v. StateCourt of Criminal Appeals of Alabama · 2009

23 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API