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FIRST AMERICAN SAV. BANK, F.S.B. v. ADAMS

No. 8718SC118.

360 S.E.2d 490 (1987)

87 N.C. App. 226

FIRST AMERICAN SAVINGS BANK, F.S.B. v. Calvin O. ADAMS, Peggie D. Dickson and Cecil D. Dickson.

Court of Appeals of North Carolina.

October 6, 1987.

Attorney(s) appearing for the Case

Brooks, Pierce, McLendon, Humphrey and Leonard by Edward C. Winslow, III, Reid L. Phillips and James R. Saintsing, Greensboro, for plaintiff-appellee.

Tuggle Duggins Meschan and Elrod, P.A. by J. Reed Johnston, Jr., and Frederick K. Sharpless, Greensboro, for defendant-appellant Calvin O. Adams.

Brenda S. McLain, Shelby, for defendant-appellant Peggie D. Dickson.

PARKER, Judge.

Defendants assign as error the entry of summary judgment for plaintiff. On this appeal, defendants contend that genuine issues of material fact existed as to the following questions: (i) whether "First American Savings Bank, F.S.B." has the authority to enforce a note made payable to "First American Savings and Loan Association"; (ii) whether plaintiff lost its right to enforce the note against the guarantors by extending the time for repayment by the...

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