Supreme Court of Arkansas February 4, 1985, 84-199 (Woodcock v. First Commercial Bank)

John I. Purtle, Justice.

The trial court held that the liability of a bank, on failure to timely answer a writ of garnishment, was limited by the provisions of Ark. Stat. Ann. § 31-507 (Repl. 1962) and that the foregoing statute limited liability to an amount not exceeding that which the bank would have been liable for up until the time of the answer.