Legal Opinion

Duncan v. Claiborne County Bank

Court of Appeals of Tennessee

Decided October 25, 1985PublishedCited by 5 opinions

1Opinion of the Court

OPINION

FRANKS, Judge.

In this action, the chancellor awarded plaintiffs judgment for $24,449.00, the amount deposited by defendant in its bank, and any accrued interest on the savings *664account. The bank has appealed, insisting plaintiffs had executed agreements with the bank which entitled it to the proceeds of the account.

On March 26, 1981, David and Wanda Duncan executed a deed of trust on a lot located in the Barren Creek Subdivision in Claiborne County, which they owned as tenants by the entirety. The trust deed secured two notes to the defendant with a combined balance of $62,179.60. The…

2Cases cited4 opinions

  1. Murdock Acceptance Corporation v. JonesCourt of Appeals of Tennessee · 1961
  2. Wright v. Lincoln County BankCourt of Appeals of Tennessee · 1970
  3. Goodfriend v. United American BankCourt of Appeals of Tennessee · 1982
  4. Gardner v. Supreme Camp of the American WoodmenCourt of Appeals of Tennessee · 1929

3Cited by5 opinions

  1. Home Federal Bank, FSB, of Middlesboro v. First National Bank of LafolletteCourt of Appeals of Tennessee · 2002
  2. In Re LemkaUnited States Bankruptcy Court, E.D. Tennessee · 1996
  3. American Bank, FSB v. Cornerstone Community BankDistrict Court, E.D. Tennessee · 2012
  4. David Mark Poole and Mary Louise PooleUnited States Bankruptcy Court, E.D. Tennessee · 2019
  5. In Re BrooksUnited States Bankruptcy Court, E.D. Tennessee · 2002

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