Elvis Bus Sale Upheld

Mississippi’s Court of Appeals has upheld a ruling that a businessman was competent when he agreed to sell a tour bus that bore Elvis Presley’s trademark during an auction in 2011.  

Photo: AP Photo
1973 file photo.

Bill Kinard, who owns the Legacy Hall of Fame museum in Tupelo, has claimed he was on medication when he agreed to sell the vehicle, and that he’d instead wanted to tour the bus for profit.

Though the bus features Presley’s “TCB,” or “Taking Care of Business” logo, it’s been disputed whether Presley actually owned the bus, which was used by musician J.D. Sumner to tour with the Stamps Quartet.

Over the past few years Kinard has been embroiled in a legal battle with Larry Michael, who won the vehicle during the auction and reportedly had to spend at least $134,000 to retrieve the bus from Washington and restore it.

A few months after the sale, Kinard sued to throw out the agreement, alleging he was under a doctor’s care and shouldn’t have signed off on the deal.

A judge ruled against him in 2012 and the appeals court upheld that decision Jan. 21, ruling Kinard failed to prove he was incompetent when he signed over the bus.