Gwinnett Commercial Bank v. Citizens & Southern Bank

McMurray, Presiding Judge.

This case involves a struggle between two banks in which each claims a security interest in a certain 1974 Porsche automobile. The vehicle was once owned by James Anthony. He later transferred same to his former wife, Priscilla Anthony, in connection with divorce proceedings.

On February 21, 1974, Anthony executed a consumer motor vehicle note and security agreement with reference to the 1974 Porsche automobile in favor of the Citizens & Southern Bank of North Fulton. On February 26, 1974, the Georgia Certificate of Title for the 1974 Porsche was issued in the name of…