Commercial Bank v. Readd

240 Ga. 519 (1978)

242 S.E.2d 25

COMMERCIAL BANK

v.

READD et al.

32909.

Supreme Court of Georgia.

Argued November 15, 1977.

Decided January 18, 1978.

James & Johnson, Robert J. James, for appellant.

O'Berry, Collier & San Filippo, L. Lyn O'Berry, Ronald C. San Filippo, for appellees.

JORDAN, Justice.

This appeal is from the grant of an interlocutory injunction.

Carl and Cheryl Readd bought real property from J. L. Bowen in October, 1975. Bowen had given a deed to secure debt on this property to the Commercial Bank in September, 1971. This deed contained an "open-end" clause securing "any other present or…