Legal Opinion
Commercial Bank v. Readd
Supreme Court of Georgia
Decided January 18, 1978No. 32909PublishedCited by 5 opinions
1Opinion of the Court
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 future indebtedness *520or liability” of Bowen to the bank. The warranty deed from Bowen to the Readds recited that it was given subject to the security deed from Bowen to the bank, which loan deed the Readds assumed and agreed to pay. In November, 1975, the bank made a loan of…
2Cases cited6 opinions
- Rose City Foods Inc. v. Bank of Thomas CountySupreme Court of Georgia · 1950
- Tomkus v. ParkerSupreme Court of Georgia · 1976
- Citizens & Southern DeKalb Bank v. HicksSupreme Court of Georgia · 1974
- Ruff v. LeeSupreme Court of Georgia · 1973
- Courson v. Atkinson & Griffin, Inc.Supreme Court of Georgia · 1973
1 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Agco Corporation v. Max AnglinCourt of Appeals for the Seventh Circuit · 2000
- Tedesco v. CDC Federal Credit UnionCourt of Appeals of Georgia · 1983
- AGCO Corporation v. Anglin, Max M.Court of Appeals for the Seventh Circuit · 2000
- Commercial Bank v. ReaddSupreme Court of Georgia · 1978
- Lampkin v. FIRST COMMUNITY BANK OF TIFTONCourt of Appeals of Georgia · 2010