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CHAMPS-ELYSSES, INC. v. FULTON FEDERAL &c. ASSN.

36707, 36725.

247 Ga. 127 (1981)

274 S.E.2d 482

CHAMPS-ELYSSES, INC. v. FULTON FEDERAL SAVINGS & LOAN ASSOCIATION et al. NYLEN et al. v. FULTON FEDERAL SAVINGS & LOAN ASSOCIATION et al.

Supreme Court of Georgia.

Decided February 11, 1981.

Attorney(s) appearing for the Case

Claude E. Hambrick, for appellant (case no. 36707).

Stanley H. Nylen, for appellants (case no. 36725).

Hansell, Post, Brandon & Dorsey, Lowell H. Hughen, Carol V. Clark, Stanley H. Nylen, Abraham Sharony, for appellees.

CLARKE, Justice.

In 1959, the land which is the subject matter of these appeals was owned by Mitchell Melof (a/k/a Don Mitchell). In that year, he obtained a loan from Fulton Federal Savings and Loan Association in the amount of $28,000. This loan was evidenced by a promissory note and secured by a security deed on the subject real estate, both of which documents were executed by Melof. In 1963, Melof conveyed the land to his wife, Louise, and she then conveyed the...

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