Legal Opinion
Upshaw v. First State Bank
Supreme Court of Georgia
Decided October 11, 1979No. 35079PublishedCited by 13 opinions
1Opinion of the Court
Hall, Justice.
Appellants Lamar and Carolyn Upshaw signed on September 18, 1975, a "guaranty of payment” for a $14,400 loan from First State Bank to James Chaney. The guaranty agreement applied solely to the $14,400 loan and renewals of that loan, and the Upshaws’ liability was limited to $4,000. The Upshaws also gave the bank a loan deed to property as security for the guaranty of payment. After the initial loan, the bank on three separate occasions in 1975-1976 loaned $4,249.50 more to Chaney. In September 1976, Chaney executed a promissory note to the bank for $20,621.23, which represented…
2Cases cited7 opinions
- Dunlap v. Citizens & Southern DeKalb BankCourt of Appeals of Georgia · 1975
- Houston General Insurance v. Brock Construction Co.Supreme Court of Georgia · 1978
- Broun v. Bank of EarlySupreme Court of Georgia · 1979
- Jones v. WhiteheadSupreme Court of Georgia · 1848
- Zellner v. HallSupreme Court of Georgia · 1954
2 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Official Committee of Unsecured Creditors of Toy King Distributors, Inc. v. Liberty Savings Bank, FSB (In Re Toy King Distributors, Inc.)United States Bankruptcy Court, M.D. Florida · 2000
- National City Bank v. BusbinCourt of Appeals of Georgia · 1985
- Bank of Terrell v. WebbCourt of Appeals of Georgia · 1986
- Workman v. SYSCO FOOD SERVICESCourt of Appeals of Georgia · 1999
- Hanna v. First Citizens Bank & Trust Co.Court of Appeals of Georgia · 2013
8 more not listed; retrieve them via the Exa API.