JOHNSON v. C. & S. NATIONAL BANK

36933.

97 Ga. App. 200 (1958)

102 S.E.2d 680

JOHNSON v. CITIZENS & SOUTHERN NATIONAL BANK.

Court of Appeals of Georgia.

Adhered To On Rehearing February 20, 1958.


Attorney(s) appearing for the Case

Frank C. Jones, Jones, Sparks, Benton & Cork, for plaintiff in error.

Smith, Field, Doremus & Ringel, Alex W. Smith, as amicus curiae.

William C. Turpin, Maurice C. Thomas, contra.


GARDNER, Presiding Judge.

It will be noted that the plaintiff sues on the notes here involved as a bona fide holder for value before maturity. Defendant contends that the plaintiff is not a bona fide holder for value before maturity and, therefore, is not entitled to recover.

The agreement between the defendant (insured and maker) and the Morgan & Morgan Insurance Agency (payee and indorser) is set forth in the face of each of the "conditional acceptance...

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