Reeves v. Hunnicutt

Quiluian, Judge.

The defendant Reeves contends that acts of Hunnicutt unjustifiably impaired the collateral for the note within the meaning of Code Ann. § 109A-3—606 (b) (Ga. L. 1962, pp. 156, 278), thereby discharging him as a matter of law. The defendant contends: that Hunnicutt without his knowledge or consent allowed the original maker of the note to transfer the collateral securing the note to another party; that the collateral was then transferred several times without his knowledge or consent. The defendant insists that this action by Hunnicutt completely divorced him from the…