Trogdon v. State

Deen, Presiding Judge.

On December 1, 1982, a promissory note for a principal sum of $82,000 plus interest was executed by the J. S. Trogdon Company, Inc. (a commercial painting contractor), in favor of the Bank of Coweta (Bank). The appellant, J. S. Trogdon, signed the note on behalf of the corporation, although no corporate representative capacity or position was specified. Trogdon also signed personally as guarantor. This promissory note actually was a renewal of an earlier indebtedness.

The Bank was granted a security interest in the company’s leasehold improvements, furniture and fixtures,…