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GA. GRAIN &c. CO. v. FIRST GA. BANK

53961, 53962.

142 Ga. App. 709 (1977)

236 S.E.2d 913

GEORGIA GRAIN & STILLAGE COMPANY et al. v. FIRST GEORGIA BANK. RANGER LUMBER DELIVERY & STORAGE COMPANY et al. v. FIRST GEORGIA BANK.

Court of Appeals of Georgia.

Decided July 1, 1977.

Attorney(s) appearing for the Case

Calhoun A. Long, for appellants.

Troutman, Sanders, Lockerman & Ashmore, Andrew J. Hinton, for appellee.

MARSHALL, Judge.

These companion cases both involve the grant of summary judgment in favor of the First Georgia Bank against two separate companies based upon defaulted promissory notes. The appellant companies are wholly owned by the other defendant-appellant, H. Jack Smith. Georgia Grain executed a $50,000 promissory note, and Ranger Lumber executed a $25,000 note. Smith personally guaranteed each note. It is not contested that each note is in default, that the...

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