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GMAC v. YATES MOTOR CO.

61612, 61691.

159 Ga. App. 215 (1981)

283 S.E.2d 74

GENERAL MOTORS ACCEPTANCE CORPORATION v. YATES MOTOR COMPANY, INC. YATES MOTOR COMPANY, INC. v. GENERAL MOTORS ACCEPTANCE CORPORATION et al.

Court of Appeals of Georgia.

Decided July 9, 1981.

Attorney(s) appearing for the Case

Jean Laramore, for appellant (case no. 61612).

James C. Brim, Jr., Frank S. Twitty, Jr., for appellee (case no. 61612).

James C. Brim, Jr., Alfred J. Powell, Jr., for appellant (case no. 61691).

Jean Laramore, Frank S. Twitty, Jr., for appellees (case no. 61691).

SOGNIER, Judge.

Plaintiff Yates Motor Company, Inc. (Yates) transferred title and possession of three trucks to defendant Bill Peacock Chevrolet, Inc. (Peacock Chevrolet) in return for three checks totaling $19,860.19. The checks were dishonored because of insufficient funds. Peacock Chevrolet subsequently transferred title and possession of the vehicles to General Motors Acceptance Corporation (GMAC) on a "floor plan" arrangement.

On January 16, 1980 Yates...

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