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FULTON NAT. BANK v. DELCO CORP.

47752.

128 Ga. App. 16 (1973)

195 S.E.2d 455

FULTON NATIONAL BANK v. DELCO CORPORATION.

Court of Appeals of Georgia.

Decided January 30, 1973.

Attorney(s) appearing for the Case

Franco & Levy, Charlie Franco, Daniel C. B. Levy, Kilpatrick, Cody, Rogers, McClatchey & Regenstein, A. G. Cleveland, Jr., Marion H. Allen, III, for appellant.

Cotton, Katz & White, J. Timothy White, for appellee.

DEEN, Judge.

1. The instrument in question is a bank draft and does not operate as an assignment of funds, as does a certified check (Code Ann. §§ 109A-4-303 (1) (a) and 109A-3-411 (1)), certification constituting a legal acceptance or a cashier's check or bank money order, which are considered to be notes carrying unconditional promises to pay. 67 Columbia Law Review, Money Orders & Teller's Checks, pp. 524, 527. The plaintiff, being the named payee...

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