Hamlin v. Timberlake Grocery Co.

Pannell, Judge.

This is an appeal from a ruling of the trial judge holding that a security deed executed and delivered by appellant, Mrs. Artie M. Hamlin, to Timberlake Grocery Company of Macon, a corporation, conveyed the property therein described as security for a debt on account owed by A & T Kwik-N-Handi, Inc. (of which Mrs. Hamlin was sole stockholder and president) to Timberlake Grocery Company, under what is commonly termed a "dragnet” or "blanket” or "open end” provision of the security deed. The security deed was completely typed and contained among others, the following provisions,…