Sea Island Bank v. First Bulloch Bank & Trust Co.

Jordan, Presiding Justice.

This is an interlocutory appeal from the grant of an interlocutory injunction against appellant Sea Island Bank.

First Bulloch, plaintiff below, purchased a tract of land, on which it later built a branch bank, from the Statesboro Mall in 1971 obtaining a restrictive covenant which provided that no other land sold within a certain area, including the mall, could be used for the construction of a banking facility. Sea Island Bank was subsequently contacted by an agent of the Statesboro Mall about possibly locating a branch inside the mall, and proceeded with plans for…