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MERCHANTS & PLANTERS BANK v. MASSEY

No. 90-22.

790 S.W.2d 889 (1990)

302 Ark. 421

MERCHANTS & PLANTERS BANK & TRUST CO. OF ARKADELPHIA, Appellant, v. Thomas W. MASSEY, et al., Appellees.

Supreme Court of Arkansas.

June 4, 1990.

Attorney(s) appearing for the Case

Taylor A. King, Arkadelphia, for appellant.

Marc Honey, Prescott, for appellees.

PRICE, Justice.

This case involves the validity of a promissory note and deed of trust executed by Thomas Massey to the Merchants & Planters Bank & Trust Company (hereafter M & P). Questions are also presented concerning the doctrine of unjust enrichment and the equitable defense of unclean hands.

Merchants & Planters loaned $22,000 to Thomas Massey on February 14, 1986. The loan was made on the...

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