Legal Opinion
First National Bank v. Rivercliff Hardware, Inc.
Court of Appeals of Georgia
Decided February 12, 1982No. 63245PublishedCited by 7 opinions
1Opinion of the Court
Deen, Presiding Judge.
Sammy T. Williams and James E. Bethune were guarantors on a note executed by Rivercliff Hardware, Inc. in favor of the First National Bank of DeKalb County. The bank retained a security interest in the hardware store’s inventory and fixtures. Regular payments were made on the loan through July of 1979. In September of 1979, Bethune informed the bank that he would no longer be involved with the store and was turning control over to Williams. Williams decided not to operate the business and turned the keys to the premises over to the bank late in September of 1979. On…
2Cases cited10 opinions
- Farmers Bank v. HubbardSupreme Court of Georgia · 1981
- Granite Equipment Leasing Corporation v. Marine Development CorporationCourt of Appeals of Georgia · 1976
- Gurwitch v. Luxurest Furniture Manufacturing Co.Supreme Court of Georgia · 1975
- Ace Parts & Distributors, Inc. v. First National BankCourt of Appeals of Georgia · 1978
- GEMC Federal Credit Union v. ShoemakeCourt of Appeals of Georgia · 1979
5 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- McMillian v. Bank South, N.A.Court of Appeals of Georgia · 1988
- Parham v. Peterson, Goldman & VillaniCourt of Appeals of Georgia · 2009
- Enterprise Financial Corp. v. Georgia Nut & Bolt Co.Court of Appeals of Georgia · 1994
- Bennett v. Union National Bank & Trust Co.Court of Appeals of Georgia · 1984
- Bennett v. Union National Bank & Trust Co.Court of Appeals of Georgia · 1984
2 more not listed; retrieve them via the Exa API.