· 5/31/1978
First American Nat. Bank of Iuka v. Mitchell
Citations
- 359 So. 2d 1376
- 1978 Miss. LEXIS 2285
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- involving fraud committed by a bank officer when forcing the mortgagor to sell the farm under threat of foreclosure to a purchaser selected by the bank officer
- involving fraud committed by a bank officer when forcing the mortgagor to sell the farm under threat of foreclosure to a purchaser selected by the bank officer
- fraud found where bank officer altered loan terms to force debtor to sell property
- award deemed arbitrary because defendant's net worth and financial condition were not shown
- mortgagee has duty to disclose to mortgagor higher available selling price of property
Source: CourtListener parenthetical corpus (CC0).
Judges: Smith, Sugg and Broom
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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