Supreme Court of Alabama January 28, 1983, 81-301 (Lane v. Central Bank of Alabama, N.A.)

Central Bank of Alabama, N.A., brought suit claiming $26,105 plus interest on a promissory note executed by defendant Lane on September 20, 1980. Lane answered the general issue and further that $14,000 of the debt was illegal and unenforceable because that amount represented monies loaned by the bank to Lane, which Lane in turn loaned to an officer of the bank, Charles Mills (Mills).