Amos Flight Operations, Inc. v. Thunderbird Bank

CAMERON, Chief Justice.

This is an appeal from a judgment entered in favor of Thunderbird Bank, appellee. Jurisdiction is taken pursuant to Rule 47(e)(5) of the Rules of the Supreme Court.

We must answer the following matters on appeal:

1. Did the bank have a right to rescind the $150,000 time certificate of deposit ?

2. Was the bank damaged and therefore entitled to judgment against the plaintiffs on the counterclaim ?

3. Was the bank entitled to attorney’s fees?

The following facts are necessary for a determination of the matter on appeal. Amos Flight Operations, Inc., Donald L. Amos and Howard…