Milestone v. David
Court of Appeals of Georgia
1Opinion of the Court
Johnson, Presiding Judge.
In June 1993, Motorcars of Yesterday-Atlanta, Ltd. (a company owned by Scott Milestone) purchased the assets of Formula One Imports, Inc. (a car dealership owned by Irvin David). Milestone, in his capacity as president of Motorcars, issued a $250,000 promissory note payable to Formula One Imports. The parties also executed an allonge1 to the promissory note. The allonge subordinated the promissory note repayment to the repayment of two loans to Motorcars by Milestone’s mother’s corporation, Milestone Commercial Properties. In addition, the allonge indicates that…
2Cases cited6 opinions
- Moore v. FOOD ASSOCIATES, INC.Court of Appeals of Georgia · 1993
- Gentile v. BowerCourt of Appeals of Georgia · 1996
- Neese v. Britt Home FurnishingsCourt of Appeals of Georgia · 1996
- Coastal Plains Trucking Co. v. Thomas County Federal Savings & Loan Ass'nCourt of Appeals of Georgia · 1997
- Bell v. Norfolk Southern Railway Co.Court of Appeals of Georgia · 1996
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