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COTTON STATES &c. CO. v. C & S NAT. BANK

66054.

168 Ga. App. 83 (1983)

308 S.E.2d 199

COTTON STATES MUTUAL INSURANCE COMPANY v. CITIZENS & SOUTHERN NATIONAL BANK.

Court of Appeals of Georgia.

Rehearing Denied September 22, 1983.

Attorney(s) appearing for the Case

John V. Burch, John C. Bach, for appellant.

W. Terrence Walsh, J. Scott Jacobson, for appellee.

DEEN, Presiding Judge.

Cotton States Mutual Insurance Co. (Cotton States), appellant here, was surety for Georgia-Carolina Railroad Contractors, Inc. (Georgia-Carolina), on a federal government construction project on which Georgia-Carolina was a prime contractor. Periodic progress payments were deposited in two checking accounts which Georgia-Carolina had opened with Citizens and Southern National Bank (C & S), appellee...

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