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BROWNING v. NATIONAL BANK OF GA

54367, 54368.

143 Ga. App. 278 (1977)

238 S.E.2d 275

BROWNING v. NATIONAL BANK OF GEORGIA (two cases).

Court of Appeals of Georgia.

Decided September 20, 1977.

Attorney(s) appearing for the Case

Powell, Goldstein, Frazer & Murphy, Jerry B. Blackstock, Karen Wildau, for appellant.

Schwall & Heuett, Donald J. Goodman, for appellee.

WEBB, Judge.

Donald G. Browning, an officer and stockholder of Concept III, Inc., endorsed that corporation's 90-day promissory note, and several renewal notes, payable to the National Bank of Georgia for a total of $17,000. Subsequently on November 1, 1972 he executed to NBG his personal guaranty of Concept III's indebtedness to the extent of $17,000. Apparently a disagreement arose between the stockholders of Concept III, and all of them except Browning formed a...

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