Legal Opinion
FIDELCOR MORTGAGE COMPANY OF GEORGIA, INC. v. Tyroff
Supreme Court of Georgia
Decided May 3, 1983No. 39521PublishedCited by 3 opinions
1Opinion of the Court
Clarke, Justice.
Appellees Trio (a corporation) and. Tyroff (an individual) issued a promissory note to Fidelcor as part of a loan agreement of December 24, 1980. The interest payable was, by agreement of the parties, to “float” from month to month at 6 percent above the prime interest rate charged by Fidelity Bank of Philadelphia. Two deeds to secure debt were granted Fidelcor, a security deed to corporate property given by Trio and a second security deed given by Tyroff to his residence. Subsequently Trio and Tyroff assigned to their attorneys Jones, Ludwick and Malone (JL&M) all rights to…
2Cases cited3 opinions
- Trust Investment & Development Co. v. First Georgia BankSupreme Court of Georgia · 1977
- Citizens & Southern South DeKalb Bank v. WatkinsSupreme Court of Georgia · 1976
- Reynolds v. Service Loan & Finance Co.Court of Appeals of Georgia · 1967
3Cited by3 opinions
- Colonial Acceptance Corp. v. Northeastern Printcrafters, Inc.Court of Appeals of North Carolina · 1985
- Fountain v. Dixie Finance Corp. of Georgia, Inc.Supreme Court of Georgia · 1984
- Horton v. Middle Georgia BankCourt of Appeals of Georgia · 1989