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DAVIS v. CONCORD COMMERCIAL CORP.

A93A0584.

209 Ga. App. 595 (1993)

434 S.E.2d 571

DAVIS v. CONCORD COMMERCIAL CORPORATION.

Court of Appeals of Georgia.

Decided July 16, 1993.

Attorney(s) appearing for the Case

Lamberth, Bonapfel, Cifelli, Willson & Stokes, Gary D. Stokes, Stuart F. Clayton, Jr., for appellant.

Bisbee, Rickertsen & Herzog, William A. Dupree IV, for appellee.

SMITH, Judge.

Davis was the president of Benafuels, Inc., which conducted coal mining operations in West Virginia. Benafuels entered into three separate agreements with Ingersall-Rand Financial Corporation (IRFC) to secure the purchase money financing of three coal mining machines. See OCGA § 11-9-107 (b). Contemporaneously with the execution of the first security agreement, Davis entered into an agreement guaranteeing "absolutely and unconditionally ... the...

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