Legal Opinion

Shaw v. Cook County Federal Savings & Loan Ass'n

Court of Appeals of Georgia

Decided July 8, 1976No. 52198PublishedCited by 32 opinions

1Opinion of the Court

Stolz, Judge.

In 1967, plaintiff Shaw applied to Cook County Federal Savings & Loan Association (CCF) for a $12,000 loan to pay off outstanding liens against her home. As a savings and loan association, CCF is authorized to make only loans creating first liens against real estate so mortgaged. Pursuant to its standard procedure, CCF had an attorney run a preliminary title check on Mrs. Shaw’s home. Upon finding an outstanding lien in favor of Farmers & Merchants Bank (FMB), CCF allegedly obtained a subordination agreement from FMB. However, the agreement was never filed or recorded, CCF’s…

2Cases cited5 opinions

  1. McNeill v. JacobsonWisconsin Supreme Court · 1972
  2. Romedy v. Willett Lincoln-Mercury, Inc.Court of Appeals of Georgia · 1975
  3. Sherrill v. Louisville Title InsuranceCourt of Appeals of Georgia · 1975
  4. Gaines v. American Title InsuranceCourt of Appeals of Georgia · 1975
  5. Lowrance v. Bank of LafayetteCourt of Appeals of Georgia · 1967

3Cited by32 opinions

  1. Lordmann Enterprises, Inc. v. Equicor, Inc.Court of Appeals for the Eleventh Circuit · 1994
  2. AMA Management Corp. v. StrasburgerCourt of Appeals of South Carolina · 1992
  3. Butts v. Atlanta Federal Savings & Loan Ass'nCourt of Appeals of Georgia · 1979
  4. Tolar Construction Co. v. GAF Corp.Court of Appeals of Georgia · 1980
  5. Lester v. BirdCourt of Appeals of Georgia · 1991

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