Legal Opinion
Hearn v. Citizens & Southern National Bank
Court of Appeals of Georgia
Decided May 7, 1980No. 59522PublishedCited by 5 opinions
1Opinion of the Court
Carley, Judge.
In November of 1976 the appellee-C. & S. Bank (bank) loaned the sum of $100,000 to the TFM Corporation (TFM), the bank taking a 90-day note for that amount. Appellant-Hearn, then chairman of the board of TFM, executed a contemporaneous contract of guaranty, which recited in part as follows: “FOR VALUE RECEIVED, the sufficiency of which is hereby acknowledged, and in consideration of any loan or other financial accommodation heretofore or hereafter at any time made or granted to [TFM] by The Citizens and Southern National Bank . . ., the undersigned hereby unconditionally…
2Cases cited6 opinions
- Overstreet v. W. T. Rawleigh Co. Inc.Court of Appeals of Georgia · 1947
- Glenn v. MadduxCourt of Appeals of Georgia · 1979
- Oliver v. Citizens DeKalb BankCourt of Appeals of Georgia · 1979
- Armour Fertilizer Works v. BondSupreme Court of Georgia · 1913
- Smith v. Morris Fertilizer Co.Court of Appeals of Georgia · 1916
1 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- National City Bank v. BusbinCourt of Appeals of Georgia · 1985
- Johnson Controls, Inc. v. Safeco Insurance Company of AmericaCourt of Appeals for the Eleventh Circuit · 1990
- Setac Corp. v. W. P. Stephens Lumber Co.Court of Appeals of Georgia · 1981
- National Bank v. MooreCourt of Appeals of Georgia · 1981
- Capital City Bank v. JonesCourt of Appeals of Georgia · 2015