Newman v. First Nat. Bank of Mobile

This is an appeal from a summary judgment for the defendant bank in an action filed by the plaintiff pro se. Anna Belle Newman sought damages from the First National Bank of Mobile (FNB) for fraud, conversion, and failure to give her credit for a payment she made on a loan.

This action arises from a business venture originated by Newman and Ralph E. Whitson. Newman and Whitson formed a partnership and later a corporation, Wanco, Inc., to develop townhouses on certain real property in Mobile. Newman was president of Wanco, owning 490 shares. Whitson was vice president, owning 500 shares.…