South Central Farm Credit v. V. T. Properties, Inc.
Court of Appeals of Georgia
1Opinion of the Court
Andrews, Judge.
South Central Farm Credit (South Central) appeals the trial court’s grant of summary judgment to V. T. Properties, Inc. on South Central’s complaint seeking a distress warrant on crops pursuant to OCGA § 44-14-341.1
Viewed with all inferences in favor of South Central, the opponent of summary judgment, the undisputed material facts were that when Cardin purchased farmland from Williams in 1985, Cardin had assumed the Federal Land Bank of Columbia loan of Williams and the Land Bank held the deed to secure debt. South Central is the successor of the Federal Land Bank and assumed…
2Cases cited2 opinions
- D. Jack Davis Corp. v. KarpCourt of Appeals of Georgia · 1985
- Trapnell v. SWAINSBORO PRODUCTION CREDIT. ASSN.Supreme Court of Georgia · 1951