SUTTON v. GENERAL ELECTRIC CREDIT CORPORATION

59647.

154 Ga. App. 522 (1980)

268 S.E.2d 789

SUTTON v. GENERAL ELECTRIC CREDIT CORPORATION.

Court of Appeals of Georgia.

Decided May 5, 1980.


Attorney(s) appearing for the Case

H. G. Bozeman, for appellant.

James V. Hilburn, for appellee.


BANKE, Judge.

In November 1973 the appellant executed a conditional sales contract to appellee covering the purchase of two pieces of equipment, a scraper and a backhoe, in a principal amount exceeding $100,000: In October 1974 the backhoe became imbedded near a river, and appellant sued two insurers of the backhoe, as well as appellee, to recover for his loss. In an agreement between the parties to dismiss appellee as a defendant in the litigation, a separate promissory...

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