Legal Opinion
Tifton Corporation v. Decatur Federal Savings & Loan Association
Court of Appeals of Georgia
Decided November 7, 1975No. 51290PublishedCited by 11 opinions
1Opinion of the Court
Evans, Judge.
Tifton Corporation executed and delivered to Decatur Federal Savings & Loan Association a loan deed and note for $376,000 for the construction of an apartment project in Buford, Georgia. Later Tifton and Alton K. Bruce executed a loan deed and note to Decatur Federal for the permanent financing of the apartments in the sum of $393,000. The first loan deed and note were not canceled.
The loan became in default and Decatur Federal exercised the power of sale contained in the loan deed and sold the property, bidding it in itself for a lump sum bid of $300,589.
Application was made to…
2Cases cited8 opinions
- Jones v. SmithSupreme Court of Georgia · 1949
- Cunningham & Co. v. CuretonSupreme Court of Georgia · 1895
- Wolff v. SampsonSupreme Court of Georgia · 1905
- Groover v. SimmonsSupreme Court of Georgia · 1925
- Hinson v. First National BankSupreme Court of Georgia · 1965
3 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Walker v. Northeast Production Credit Ass'nCourt of Appeals of Georgia · 1978
- Kin Chun Chung v. JP Morgan Chase Bank, N.A.District Court, N.D. Georgia · 2013
- Babson Credit Plan, Inc. v. Cordele Production Credit Ass'nCourt of Appeals of Georgia · 1978
- K & L Distributors, Inc. v. Kelly Electric, Inc.Alaska Supreme Court · 1995
- Garner v. DriverCourt of Appeals of Georgia · 1980
6 more not listed; retrieve them via the Exa API.