Legal Opinion
Carlos Jones Construction Co. v. Federal Deposit Insurance
Court of Appeals of Georgia
Decided February 7, 1984No. 66929PublishedCited by 5 opinions
1Opinion of the Court
Sognier, Judge.
The Federal Deposit Insurance Corporation (FDIC) and the trustee of the estate of the Hamilton Mortgage Corporation (HMC) sued Carlos Jones Construction Company, Inc. (CJCC, Inc.) and Carlos Jones on several notes and guaranties. The note which is the subject of this appeal was executed in April, 1973, by CJCC, Inc. in favor of HMC in the original amount of $540,000, and later increased to $575,000. Carlos Jones guaranteed the note. Hamilton National Bank of Chattanooga owned 99.9 % of the note as of February 1976, at which time the Bank was declared insolvent by the…
2Cases cited17 opinions
- Holland v. Sanfax CorporationCourt of Appeals of Georgia · 1962
- Vaughn & Co. v. SaulCourt of Appeals of Georgia · 1977
- Lewis v. Citizens & Southern National BankCourt of Appeals of Georgia · 1976
- Cotton v. John W. Eshelman & Sons, Inc.Court of Appeals of Georgia · 1976
- Foskey v. SmithCourt of Appeals of Georgia · 1981
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3Cited by5 opinions
- Carr v. NodvinCourt of Appeals of Georgia · 1986
- Trico Insurance Agencies, Inc. v. Selective Insurance Company of AmericaCourt of Appeals of Georgia · 1994
- Leasecomp, Inc. v. Mercedes-Benz Credit Corp.Court of Appeals of Georgia · 1992
- State Farm Mutual Automobile Insurance v. HarrisCourt of Appeals of Georgia · 1986
- State Farm Mutual Automobile Insurance v. HarrisCourt of Appeals of Georgia · 1986