SOUTH ATLANTIC &c. CREDIT ASSN. v. GIBBS

44789.

257 Ga. 521 (1987)

361 S.E.2d 167

SOUTH ATLANTIC PRODUCTION CREDIT ASSOCIATION v. GIBBS.

Supreme Court of Georgia.

Decided October 21, 1987.


Attorney(s) appearing for the Case

Larkin M. Fowler, Jr., James M. Bivins, for appellant.

C. Saxby Chambliss, for appellee.


MARSHALL, Chief Justice.

In this case, plaintiff-appellee, James W. Gibbs, seeks enforcement of an oral agreement allegedly entered into with officers of defendant-appellant, South Atlantic Production Credit Association (PCA), requiring cancellation of a promissory note and security deed in consideration of plaintiff's voluntarily conducting a liquidation sale of security-deed collateral, as well as non-collateral, and applying the sale proceeds to payment of the...

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