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CITIZENS &c. NAT. BANK v. BOUGAS

57369, 57370.

149 Ga. App. 722 (1979)

256 S.E.2d 37

CITIZENS & SOUTHERN NATIONAL BANK v. BOUGAS; and vice versa.

Court of Appeals of Georgia.

Decided April 9, 1979.

Rehearing Denied April 30, 1979.

Attorney(s) appearing for the Case

Alston, Miller & Gaines, William C. Humphreys, Jr., Jay D. Bennett, for appellant.

Harrison, Kovacich & Naughton, Michael J. Kovacich, for appellee.

DEEN, Chief Judge.

1. (a) Dealing first with the cross appeal, it is conceded that the bank did increase the interest on the Walsh demand note from 6 percent to 8 percent and later to 9 percent without notifying its guarantor Bougas, and that under the decision in C & S Nat. Bank v. Scheider, 139 Ga.App. 475 (228 S.E.2d 611) (1976) this does not discharge the guarantor. It was held...

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