Legal Opinion
Trust Co. of Columbus v. Rhodes
Court of Appeals of Georgia
Decided February 14, 1978No. 55063PublishedCited by 6 opinions
1Opinion of the Court
McMurray, Judge.
Rhodes, as the principal owner and operator of a motorcycle business in Columbus, Georgia, known as Iwana Suzuki, had been banking with Trust Company of Columbus (the bank) for several years. In connection with the motorcycle business, Rhodes obligated himself on several promissory notes. One of said notes was secured by all inventory to include "parts” located at the place of business of Iwana Suzuki. Said promissory note had a dragnet clause by which the inventory and parts secured all the indebtedness of Rhodes.
On or about July 6,1976, a fire destroyed the business premises…
2Cases cited5 opinions
- Tatum v. MorganSupreme Court of Georgia · 1899
- Ballentine Motors of Georgia, Inc. v. NimmonsCourt of Appeals of Georgia · 1956
- Vanguard Properties Development Corp. v. MurphyCourt of Appeals of Georgia · 1975
- Cutright v. National Union Fire InsuranceCourt of Appeals of Georgia · 1941
- Travelodge Corp. v. Carwen Realty Co.Supreme Court of Georgia · 1967
3Cited by6 opinions
- Bank of Cave Spring v. Gold Kist, Inc.Court of Appeals of Georgia · 1985
- Pitts Truck Air, Inc. v. MacK Trucks, Inc.Court of Appeals of Georgia · 1985
- INSILCO CORPORATION v. First National Bank of DaltonCourt of Appeals of Georgia · 1980
- Mann Electric Co. v. Webco Southern Corp.Court of Appeals of Georgia · 1990
- Brzezinek v. Covenant InsuranceConnecticut Appellate Court · 2002
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