Legal Opinion
Decatur Federal Savings & Loan Ass'n v. Gibson
Supreme Court of Georgia
Decided September 15, 1997No. S97A0728, S97X0823PublishedCited by 12 opinions
1Opinion of the Court
Thompson, Justice.
In May 1989, defendants John W. and Paula Taggart Gibson borrowed $129,000 from plaintiff Decatur Federal to purchase a home. They executed a promissory note in favor of Decatur Federal as well as a security deed to the property. First Union is successor to the interest ’of Decatur Federal (hereafter “First Union”). In September 1994, First Union erroneously marked the note “paid in full” and returned the original to the Gibsons. It is undisputed that the Gibsons had not paid the outstanding balance and were not entitled to cancellation. Nevertheless, they made no further…
2Cases cited13 opinions
- Lau's Corp., Inc. v. HaskinsSupreme Court of Georgia · 1991
- Atlanta Independent School System v. LaneSupreme Court of Georgia · 1996
- Gulf Life Insurance Co. v. FolsomSupreme Court of Georgia · 1986
- ML KING, JR. CENTER v. Am. Heritage Prod.Supreme Court of Georgia · 1982
- Turner v. HarperSupreme Court of Georgia · 1975
8 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Kemp v. American Telephone & Telegraph Co.Court of Appeals for the Eleventh Circuit · 2004
- Taylor v. Powertel, Inc.Court of Appeals of Georgia · 2001
- You v. JP Morgan Chase Bank, N.A.Supreme Court of Georgia · 2013
- Taylor, Bean & Whitaker Mortgage Corp. v. BrownSupreme Court of Georgia · 2003
- Gibson v. Decatur Federal Savings & Loan Ass'nCourt of Appeals of Georgia · 1998
7 more not listed; retrieve them via the Exa API.