Opinion ID: 1830760
Heading Depth: 1
Heading Rank: 12

Heading: whether the trial court erred in allowing the trustee a $5,000 credit for removing the drilling rig.

Text: ¶ 19. Under the terms of the contract between Fortenberry and Frio, Fortenberry was obligated to move the rig in and out of the drilling site. Prior to trial, the trustee petitioned the chancery court to allow him to borrow $6,000 from United Mississippi Bank in order to pay for the removal of the rig. The court granted the trustee's petition. At trial, the chancellor awarded the trustee a $5,000 credit to be taken from the funds due Fortenberry under the Frio contract for the cost of removing the rig. ¶ 20. CPSC argues that Fortenberry was not required to use the funds due under the contract for the rig removal. Moving the rig was a condition of Fortenberry's contract, and as such, it can hardly be said that the chancellor abused his discretion in allowing the $5,000 credit for rig removal.