Motor Contract Co. v. Sawyer
Court of Appeals of Georgia
1Opinion of the Court
Whitman, Judge.
One Ragsdale put his car up for sale and placed an advertisement in a local paper. Sawyer decided to buy it and contacted Motor Contract about financing. Sawyer and Ragsdale went to Motor Contract’s office. Motor Contract delivered a check to Ragsdale payable to Ragsdale and Peoples American Bank for their interests in the car. Sawyer executed an agreement in which he promised to pay the amount of the loan in 36 monthly instalments. The agreement also gave Motor Contract a security interest in the car to secure payment of the indebtedness.
Sawyer defaulted on the note. Motor…
2Cases cited2 opinions
- Braswell v. American National BankCourt of Appeals of Georgia · 1968
- Steelman v. Associates Discount Corp.Court of Appeals of Georgia · 1970
3Cited by10 opinions
- Allard v. Ford Motor Credit Co.Supreme Court of Vermont · 1980
- Geoghagan v. Commercial Credit Corp.Court of Appeals of Georgia · 1974
- Credit Alliance Corp. v. Cornelius & Rush Coal Co., Inc.District Court, N.D. Alabama · 1980
- Georgia Grain & Stillage Co. v. First Georgia BankCourt of Appeals of Georgia · 1977
- Chen v. Profit Sharing Plan of BohneCourt of Appeals of Georgia · 1995
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