Brinson v. Commercial Bank

Evans, Judge.

Commercial Bank, Douglasville, Georgia, financed certain mobile homes for Dixie Discount Mobile Homes of Georgia, Inc., a dealer in mobile homes (a practice commonly called floor-planning). The security agreements were executed by "William A. Brinson [Pres.],” signing for Dixie Discount Mobile Homes of Georgia, Inc. In addition, Brinson and another executed an instrument individually called a "Guarantee of Dealer Obligation Due.”

After default in the payment of the indebtedness, the bank sued Dixie Discount Mobile Homes of Georgia, Inc., on the indebtedness and the indebtedness of…