Amason v. First State Bank of Lineville

This is an appeal from rulings entered by the trial court adversely to the plaintiff, Charles Amason, on motions for summary judgment. We affirm in part, reverse in part and remand.

The case stems from a series of loan transactions between Amason and defendant, First State Bank of Lineville, Alabama [hereinafter the Bank]. The first three of these loans were transacted in 1972 and 1973:

1. August 8, 1972 — Plaintiff Amason borrows $3,900 and gives the Bank a secured note.

2. September 11, 1972 — Plaintiff Amason borrows $1,400 and gives the Bank a secured note.

3. February 6, 1973 — Amason…