ADAMS v. FIRST NAT. BANK

67324.

170 Ga. App. 490 (1984)

317 S.E.2d 301

ADAMS et al. v. FIRST NATIONAL BANK OF COLUMBUS et al.

Court of Appeals of Georgia.

Rehearing Denied March 27, 1984.


Attorney(s) appearing for the Case

Joseph R. Manning, Richard P. Reinhart, Thomas T. Tate, for appellants.

H. Norwood Pearce, Jerry A. Buchanan, J. Phillip Day, Madden Hatcher, Jr., for appellees.


McMURRAY, Chief Judge.

Sometime in December 1982 The First National Bank of Columbus, Georgia, published an announcement of its 22% insured money management account that beginning Tuesday, December 14, it would pay a guaranteed annual rate of 22% through January 13, 1983, with a minimum deposit of $2,500 and up to $100,000, fully insured by the FDIC. Whereupon, on December 14, 1982, R. C. Adams placed with the bank a cashier's check in the amount of $250,000 to open...

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