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ENTERPRISES NOW, INC. v. CITIZENS & SOUTHERN DEVELOPMENT CORPORATION

50803.

135 Ga. App. 602 (1975)

218 S.E.2d 309

ENTERPRISES NOW, INC. v. CITIZENS & SOUTHERN DEVELOPMENT CORPORATION.

Court of Appeals of Georgia.

Decided September 2, 1975.

Attorney(s) appearing for the Case

Patterson, Parks & Franklin, Clayton Sinclair, Jr., for appellant.

Alston, Miller & Gaines, William C. Humphreys, Jr., for appellee.

DEEN, Presiding Judge.

The record reveals the following facts: appellee had a long history of financial dealings with the debtor, and had received a security interest in all of the inventory and equipment of the debtor. Upon learning that the debtor was planning to open a new store and fearing that it would be stocked with inventory in which it had a security interest, appellee obtained a financial statement from the debtor covering inventory and equipment in the...

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