Legal Opinion

Tatum v. Montgomery Banking Co.

Alabama Court of Appeals

Decided June 30, 1947No. 3 Div. 885PublishedCited by 2 opinions

1Opinion of the Court

CARR, Judge.

On June 6, 1946, James Ward, a minor, borrowed a sum of money from the Montgomery Banking Company. To secure the loan, Ward gave a mortgage on an automobile. On July 2d following Ward'sold the mortgaged car to D. L. Tatum, one of the defendants in the court below. On July 15, 1946, the minor made a monthly payment on the indebtedness to the mortgagee. It was not until some time in August, 1946, that the banking company learned that the car had been sold as indicated. No other payments were made on the mortgage debt.

This suit is by the Montgomery Banking Company against D. L. Tatum…

2Cases cited8 opinions

  1. Memphis & Charleston Railroad v. MartinSupreme Court of Alabama · 1901
  2. Pinckard v. CasselsSupreme Court of Alabama · 1915
  3. Winter-Loeb Grocery Co. v. Mutual Warehouse Co.Alabama Court of Appeals · 1912
  4. Hampton v. StewartSupreme Court of Alabama · 1940
  5. Smoot v. RyanSupreme Court of Alabama · 1914

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3Cited by2 opinions

  1. Standard Motors, Inc. v. RaueAlabama Court of Appeals · 1953
  2. Smith v. SmithAlabama Court of Appeals · 1961

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