DeKalb County Teachers Federal Credit Union v. Citizens & Southern National Bank

McMurray, Presiding Judge.

The Citizens and Southern National Bank (C&S) brought this action against the DeKalb County Teachers Federal Credit Union (Credit Union) in the Superior Court of Gwinnett County claiming damages for conversion. C&S alleged a superior security interest in a motor vehicle which was sold as collateral by the credit union. The credit union brought a third-party action against two individuals, Adams and Seamon. Thereupon, Adams brought a cross-claim against Seamon. C&S and the credit union submitted the main claim to the trial court upon stipulated facts. At that time,…