Legal Opinion
Lane v. Central Bank of Alabama, N.A.
Supreme Court of Alabama
Decided January 28, 1983No. 81-301PublishedCited by 48 opinions
1Opinion of the Court
Central Bank of Alabama, N.A., brought suit claiming $26,105 plus interest on a promissory note executed by defendant Lane on September 20, 1980. Lane answered the general issue and further that $14,000 of the debt was illegal and unenforceable because that amount represented monies loaned by the bank to Lane, which Lane in turn loaned to an officer of the bank, Charles Mills (Mills).
Lane also filed a counterclaim against the bank, seeking damages for the alleged negligent supervision of Mills by the bank, resulting in injury to Lane.
The trial judge severed the suit on the note and the…
2Cases cited3 opinions
- Thompson v. HavardSupreme Court of Alabama · 1970
- Sloss-Sheffield Steel & Iron Co. v. BibbSupreme Court of Alabama · 1910
- American Life Ins. Co. v. Aladdin Temple Ben. Ass'nSupreme Court of Alabama · 1939
3Cited by48 opinions
- Armstrong Business Services, Inc. v. AmSouth BankSupreme Court of Alabama · 2001
- Big B, Inc. v. CottinghamSupreme Court of Alabama · 1993
- Southland Bank v. a & a Drywall Supply Co.Supreme Court of Alabama · 2009
- VOYAGER INSURANCE COMPANIES v. WhitsonSupreme Court of Alabama · 2003
- Jones Express, Inc. v. Jackson, 1070066 (Ala. 9-24-2010)Supreme Court of Alabama · 2010
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