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MACON BANK AND TRUST CO. v. HOLLAND

715 S.W.2d 347 (1986)

MACON BANK AND TRUST COMPANY, Plaintiff, v. Ruby Lee HOLLAND, James Lee Holland, Sue Claiborne and Mai Coffey, Defendants.

Court of Appeals of Tennessee, Western Section, at Nashville.

Permission to Appeal Denied July 21, 1986.

Attorney(s) appearing for the Case

James W. Chamberlain, Lafayette, for plaintiff.

Joe P. Lane, Jr., Carthage, for defendants.

Permission to Appeal Denied by Supreme Court July 21, 1986.

HIGHERS, Judge.

This case involves the question of whether the transfer of real property by a surety on three promissory notes is a transfer in fraud of creditors.

Ruby Holland signed as surety on three promissory notes executed by her daughter, Barbara Lankford, to the plaintiff, Macon Bank and Trust Company. Ms. Lankford was in the business of selling wood stoves, and these notes were used...

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