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CITIZENS &c. BANK v. WATKINS

30917.

236 Ga. 759 (1976)

225 S.E.2d 266

CITIZENS & SOUTHERN SOUTH DeKALB BANK v. WATKINS.

Supreme Court of Georgia.

Decided April 20, 1976.

Rehearing Denied May 4, 1976.

Attorney(s) appearing for the Case

Tarleton, Zion & Meiere, Paul L. Meiere, Mark J. Siskin, Alston, Miller & Gaines, James S. Stokes, IV, for appellant.

Huie, Ware, Sterne, Brown & Ide, W. Stell Huie, Terrence Lee Croft, C. Wilson Dubose, amicus curiae.

Hatcher, Myerson, Oxford & Irvin, Jack A. Wotton, for appellee.

JORDAN, Justice.

The Citizens & Southern South DeKalb Bank appeals from the grant of an interlocutory injunction to Charles H. Watkins, enjoining the bank from foreclosing two secondary security deeds.

On October 25, 1974, Watkins executed a note to the bank in the principal amount of $49,271.50, payable January 23, 1975, bearing interest at the rate of 13% per annum. This note was secured by two secondary security...

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