First United Bank of Poplarville v. Reid

612 So.2d 1131 (1992)

FIRST UNITED BANK OF POPLARVILLE and First United Bank of Bay Springs

v.

James Earl REID, Patricia Stines and James Kenneth Ray Reid.

No. 90-CA-297.

Supreme Court of Mississippi.

December 31, 1992.

M.D. Tate, II, Smith, Smith, Tate & Cruthird, Picayune, David R. Smith, Smith, Smith, Tate & Cruthird, Poplarville, for appellants.

Charles H. Reid, Hattiesburg, for appellees.

Before ROY NOBLE LEE, C.J., and PRATHER and BANKS, JJ.

BANKS, Justice, for the Court:

Here, we are confronted with the unfortunate circumstance of a borrower, who falls ill during the term of a credit life policy,…