Legal Opinion
First State Bank & Trust Co. of Valdosta v. McIver
District Court, M.D. Georgia
Decided October 31, 1988No. Civ. A. No. 87-14-VAL (WDO)PublishedCited by 1 opinion
1Opinion of the Court
ORDER
OWENS, Chief Judge.
In this civil action commenced March 11, 1987, First State Bank & Trust Company of Valdosta, Georgia (First State Bank) and Fidelity & Deposit Company of Maryland (Fidelity & Deposit) sued defendant Bruce Mclver for payment of Mr. Mclver’s July 1, 1977, $100,000.00 promissory note due July 1,1978, to First State Bank. The collateral for Mr. Mclver’s note was a July 1, 1977, letter of credit issued by First Bank of Holmes County (Holmes Bank), Bonifay, Florida, signed by its president, Gary Cooey.
By October of 1977, Mr. Cooey had resigned as president of Holmes Bank…
2Cases cited5 opinions
- Quincy Lairsey and Frances Lairsey v. The Advance Abrasives CompanyCourt of Appeals for the Fifth Circuit · 1976
- Scutieri v. PaigeCourt of Appeals for the Eleventh Circuit · 1987
- C.L. Taylor, Cross-Appellee v. Texgas Corporation, Cross-AppellantCourt of Appeals for the Eleventh Circuit · 1987
- Lapidus v. Citizens Federal Savings & Loan Ass'nDistrict Court of Appeal of Florida · 1980
- FIRST STATE BANK & TR. OF VALDOSTA, GA. v. McIverDistrict Court, M.D. Georgia · 1988
3Cited by1 opinion
- First State Bank & Trust Company of Valdosta, Georgia, and Fidelity & Deposit Company of Maryland v. Bruce McIverCourt of Appeals for the First Circuit · 1990