Peavy v. Bank South, N.A.

McMurray, Presiding Judge.

Plaintiffs Jerry O. Peavy, Sr. and his wife, Lillie J. Peavy, brought this action for damages against defendant Bank South, N.A. (“the Bank”), alleging that they were customers of the Bank, and that, as an accommodation to his son, “Jerry Otha Peavy, Jr., who did not have a bank account of his own,” plaintiff Jerry O. Peavy, Sr. allowed his son to deposit a certain draft “in the amount of $5,323.60 drawn by CNL Insurance America on its account with BANK SOUTH, N.A.” This draft was jointly “payable to the order of Jerry Peavy and Trust Company Bank[; however, on…