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GAVIN v. HINRICHS

No. 78-220.

375 So.2d 1063 (1979)

Sonia GAVIN v. Richard HINRICHS.

Supreme Court of Alabama.

September 21, 1979.

Attorney(s) appearing for the Case

Warren L. Hammond, Jr., of Conrad & Hammond, Mobile, for appellant.

Leon G. Duke, Mobile, for appellee.

TORBERT, Chief Justice.

In the winter of 1973, John Gavin and Richard Hinrichs, his brother-in-law, formed a corporation, G & H Tire Centers, Inc. In order to obtain financing for the new corporation, Sonia Gavin, John Gavin's wife, appellant herein, assigned her interest as payee in a $15,000 note, to the First National Bank of Mobile as collateral for a loan from First National Bank of Mobile to G & H Tire Centers, Inc. To protect Mrs. Gavin from personal...

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