Newsome v. Peoples Bancshares, Inc. d/b/a Peoples Bank
Annotate this CaseThis appeal arose from the dismissal with prejudice of Marilyn Newsome’s breach of contract claim against Peoples Bancshares, Inc., d/b/a Peoples Bank. The trial court found that the Bank reasonably relied on Keely McNulty’s apparent authority as Marilyn’s agent when issuing court-ordered cashier’s checks from Victoria Newsome’s conservatorship account without Marilyn’s approval or signature as the account holder. Marilyn appealed. Because the Mississippi Supreme Court concluded the chancellor was not with reasonable certainty manifestly wrong or clearly erroneous, and because substantial evidence supported the chancellor’s findings that McNulty possessed apparent authority, it affirmed the trial court’s dismissal of Marilyn’s claims against the Bank.
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