Legal Opinion

Shutze v. Credithrift of America, Inc.

Mississippi Supreme Court

Decided July 29, 1992No. 89-CA-0591Published

1Opinion of the Court

607 So.2d 55 (1992)

Thomas E. SHUTZE

v.

CREDITHRIFT OF AMERICA, INC., a Corporation.

No. 89-CA-0591.

Supreme Court of Mississippi.

July 29, 1992.

J.B. Van Slyke, Jr., Hattiesburg, for appellant.

F. Marvin Morris, III, Morris & Sakalarios, Hattiesburg, for appellee.

En Banc.

ROBERTSON, Justice, for the Court:

I

This is a lien priority case. The holder of a second deed of trust securing future advances made such an advance after a junior creditor had enrolled his judgment and perfected his lien. The Chancery Court enforced the future advance clause and assigned its lien a priority relating back to the…

Also in this document: Dissent · Hawkins; Dissent · Hawkins; Dissent · Lee.

2Cases cited40 opinions

  1. Marbury v. MadisonSupreme Court of the United States · 1803
  2. Simmons v. Bank of MississippiMississippi Supreme Court · 1992
  3. Leach v. TingleMississippi Supreme Court · 1991
  4. United States v. American National Bank of Jacksonville and Title & Trust Company of FloridaCourt of Appeals for the Fifth Circuit · 1958
  5. Peoples Bank & Trust Co. v. L & T DEVELOPERSMississippi Supreme Court · 1983

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