J. J. FOWLER, INC. v. FULTON NATIONAL BANK

55109.

145 Ga. App. 220 (1978)

243 S.E.2d 642

J. J. FOWLER, INC. v. FULTON NATIONAL BANK.

Court of Appeals of Georgia.

Decided March 9, 1978.


Attorney(s) appearing for the Case

McCurdy & Candler, George H. Carley, John Perry Cripe, for appellant.

Zusmann, Sikes, Pritchard & Cohen, Dennis M. Hall, Charles E. Lamkin, for appellee.


McMURRAY, Judge.

On December 26, 1975, J. J. Fowler pledged 3,862 shares of the Citizens & Southern National Bank stock to secure his indebtedness to the Fulton National Bank of Atlanta. Fowler had previously executed a $400,000 note to the bank dated April 23, 1974.

On February 3, 1976, J. J. Fowler, Inc. executed a note for $5,269.80, as well as a security agreement hypothecating and assigning to the bank a John Deere diesel loader and certain accessories...

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