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OTT v. L&J HOLDINGS

In a declaratory suit addressing whether a wife's execution of a deed should be set aside as exceeding her authority under a power of attorney, the circuit court did not err in admitting parol evidence. Credible evidence supported the findings that the deed was not a deed of gift, that it was given for a valuable consideration without donative intent, that the transfer was undertaken for legitimate business reasons, and that both spouses received benefits commensurate with their respective property interests without any self-dealing by the wife. The transaction was therefore within the powers granted by the power of attorney. The judgment is affirmed.