Legal Opinion

Bank of LaFayette v. Giles

Supreme Court of Georgia

Decided January 29, 1952No. 17562PublishedCited by 26 opinions

1Opinion of the Court

Head, Justice.

The primary question in this case is whether or not the deed to secure debt of the husband and wife to the bank secures two subsequent notes signed by T. C. Giles (the husband of the plaintiff) and J. A. Loughridge Jr., in addition to the original loan of $2700.

The bank insists that the promissory note signed by the husband and wife was a joint and several obligation, and that the deed to secure debt would therefore secure individual obligations of either of the two joint makers. It is a general rule that, where two or more persons sign a promissory note providing that “I…

2Cases cited18 opinions

  1. Fraser v. JarrettSupreme Court of Georgia · 1922
  2. Miller v. WatsonSupreme Court of Georgia · 1912
  3. Ansley v. HightowerSupreme Court of Georgia · 1904
  4. Citizens Bank v. TaylorSupreme Court of Georgia · 1923
  5. Tolbert v. ShortSupreme Court of Georgia · 1920

13 more not listed; retrieve them via the Exa API.

3Cited by26 opinions

  1. Ghitter v. EdgeCourt of Appeals of Georgia · 1968
  2. Hennessy v. WoodruffSupreme Court of Georgia · 1954
  3. Merchants National Bank & Trust Co. of Indianapolis v. H.L.C. Enterprises, Inc.Indiana Court of Appeals · 1982
  4. Vitner v. FunkCourt of Appeals of Georgia · 1987
  5. Verner v. McLartySupreme Court of Georgia · 1957

21 more not listed; retrieve them via the Exa API.

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