Legal Opinion
Citizens & Southern National Bank v. Bougas
Court of Appeals of Georgia
Decided April 9, 1979No. 57369, 57370PublishedCited by 14 opinions
1Opinion of the Court
Deen, Chief Judge.
1. (a) Dealing first with the cross appeal, it is conceded that the bank did increase the interest on the Walsh demand note from 6 percent to 8 percent and later to 9 percent without notifying its guarantor Bougas, and that under the decision in C & S Nat. Bank v. Scheider, 139 Ga. App. 475 (228 SE2d 611) (1976) this does not discharge the guarantor. It was held in Scheider that the language of a substantially identical guaranty of payment of the note "and all extensions or renewals thereof’ and waiver of notice was an agreement to guarantee payment of a renewal of the note…
2Cases cited10 opinions
- Southern Railway Co. v. O'BryanSupreme Court of Georgia · 1903
- Foster v. SikesSupreme Court of Georgia · 1947
- Lee v. O'QuinnSupreme Court of Georgia · 1937
- Southern Bell Telephone & Telegraph Co. v. C & S REALTY CO.Court of Appeals of Georgia · 1977
- Holt v. RickettCourt of Appeals of Georgia · 1977
5 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- In Re East Side Investors, Debtors. Monty M. Mills, Dr. Patrick Yancey v. East Side InvestorsCourt of Appeals for the Eleventh Circuit · 1983
- Jeff Goolsby Homes Corp. v. SmithCourt of Appeals of Georgia · 1983
- Citizens & Southern National Bank v. BougasSupreme Court of Georgia · 1980
- Bank of Terrell v. WebbCourt of Appeals of Georgia · 1986
- Fidelity National Bank v. Walsey (In Re Walsey)United States Bankruptcy Court, N.D. Georgia · 1980
9 more not listed; retrieve them via the Exa API.