Rossville Bank v. Southeast Federal Savings Bank

Birdsong, Judge.

This is an appeal from the trial court’s order granting appellee/ defendant’s motion for summary judgment, and denying appellant/ plaintiff’s motion for new trial and to set aside the grant of summary judgment.

John W. Brock, Jr., owned two-thirds interest in the Brock Insurance Agency, and Marie H. Davis owned the remaining one-third. John Brock served as president of the agency. He obtained certain unsecured loans from appellant banks, and thirteen loans, allegedly secured by pledge of an agency bank account, from appellee Southeast Federal Savings Bank. Subsequently, John…