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FIRST BANK OF CLAYTON COUNTY v. DOLLAR

62132.

159 Ga. App. 815 (1981)

285 S.E.2d 203

FIRST BANK OF CLAYTON COUNTY v. DOLLAR.

Court of Appeals of Georgia.

Rehearing Denied October 6, 1981.

Attorney(s) appearing for the Case

G. Robert Oliver, for appellant.

Jack A. Wotton, Charles A. Gravitt, for appellee.

SHULMAN, Presiding Judge.

In February 1976, using money he had borrowed from appellant-First Bank of Clayton County, Jimmy Williamson purchased two liquor stores from appellee-Dollar. As collateral for the loan, Williamson gave appellant a security interest in the inventory and equipment found in the stores. By June 1976, Williamson and the two liquor stores were in such financial difficulty that appellant was ready to...

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