GREEN MEADOW PARK INC. v. AM. HERITAGE LIFE INS. CO.


540 S.W.2d 267 (1976)

GREEN MEADOW PARK INC. et al., Appellants, v. AMERICAN HERITAGE LIFE INSURANCE COMPANY, Appellee.

Court of Appeals of Tennessee, Western Section.

Certiorari Denied August 16, 1976.


Attorney(s) appearing for the Case

Francis W. Headman, Knoxville, for Green Meadow Park.

Joe C. Gamble, Maryville, for Bank of Maryville, for appellants.

John A. Walker, Jr., Knoxville, for appellee.


Certiorari Denied by Supreme Court August 16, 1976.

NEARN, Judge.

The principal question below was whether or not defendant American Heritage Life was obligated to fund or loan to plaintiff Green Meadow Park, Inc. the remaining unloaned balance of $75,000 of an original loan commitment of $400,000. The Chancellor held, inter alia, that the defendant Heritage was not so obligated, and the plaintiff Green Meadow has appealed. The Bank of Maryville, another...

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