Seamans v. Miller

Quillian, Presiding Judge.

Plaintiff brought an action on a promissory note in the amount of $15,000. The defendant denied liability, urging that the plaintiff was not a holder in due course of the note. The case was tried by agreement without a jury. The trial judge entered his order, containing findings of fact and conclusions of law, in which he held for the defendant. Plaintiff then appealed. Held:

The principal issue involves the plaintiffs status — was he a holder in due course within the meaning of the Ga. UCC § 109A-3—302 (Ga. L. 1962, pp. 156, 252)?

The following facts are involved in…