GENESCO EMP. CREDIT ASS'N v. COBB

Civ. 2936.

411 So.2d 151 (1982)

GENESCO EMPLOYEES' CREDIT ASSOCIATION, a corporation v. David E. COBB.

Court of Civil Appeals of Alabama.

March 10, 1982.


Attorney(s) appearing for the Case

Gregory R. Jones of Humphrey & Smith, Huntsville, for appellant.

Thomas G. Keith of Legal Services of North-Central Alabama, Inc., Huntsville, for appellee.


BRADLEY, Judge.

This case involves the validity of a loan contract.

David E. Cobb was an employee of Genesco at their shoe manufacturing plant in Huntsville, Alabama. As a Genesco employee he was eligible for membership in the company credit union, Genesco Employees' Credit Association (hereinafter Association). This Association was incorporated in Tennessee, and had its sole place of business in Tennessee.

Cobb was employed by Genesco from 1966 until...

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