Azalea City Motels, Inc. v. First Alabama Bank

Defendants, Azalea City Motels, Inc., W.C. Greene, and Paul M. Jackson, appeal a judgment in a nonjury trial in favor of the plaintiff, First Alabama Bank (hereinafter "FAB").

I. The Facts:

Azalea City Motels, Inc. (hereinafter "Azalea City"), is a corporation primarily engaged in the business of buying, managing, and selling hotel and motel properties. The corporation was, during the majority of the period relevant to this litigation, exclusively owned and operated by W.C. Greene and Paul M. Jackson. Azalea City maintained at least one checking account at FAB (formerly the Merchants National…