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BANK SOUTH v. MIDSTATES GROUP, INC.

75004.

185 Ga. App. 342 (1987)

364 S.E.2d 58

BANK SOUTH, N.A. v. MIDSTATES GROUP, INC.

Court of Appeals of Georgia.

Rehearing Denied December 16, 1987.

Attorney(s) appearing for the Case

Susan A. Cahoon, Stephen E. Hudson, for appellant.

Deborah S. Ebel, Marian Exall, for appellee.

CARLEY, Judge.

David Williams was the president of Air Carrier Express Services, Inc. (ACES). He was also the president and the treasurer of appellee-plaintiff The Midstates Group, Inc. (Midstates). Williams, in his capacity as president of ACES, sought to obtain a loan from appellant-defendant Bank South, N.A. (the Bank). The purpose of the loan was to enable ACES to purchase an airplane. The Bank informed Williams that...

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