Vaughn v. National Bank & Trust Co.

Court of Appeals of Georgia

Vaughn v. National Bank & Trust Co.

234 S.E.2d 718, 141 Ga. App. 897, 1977 Ga. App. LEXIS 2111

CourtCourt of Appeals of Georgia

DecidedApril 12, 1977

Docket53761

StatusPublished

Cited by1 cases

This text of 234 S.E.2d 718 (Vaughn v. National Bank & Trust Co.) is published on Counsel Stack Legal Research, covering Court of Appeals of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vaughn v. National Bank & Trust Co., 234 S.E.2d 718, 141 Ga. App. 897, 1977 Ga. App. LEXIS 2111 (Ga. Ct. App. 1977).

Pincite

Opinion

Webb, Judge.

Defendant guarantors, having consented in advance in a clause of the guaranty agreement that the creditor could surrender or release the reserve account held as security for payment of the debts guaranteed, cannot now successfully contend that they were discharged by the act of the creditor in applying it to the obligations [898]*898guaranteed. Dunlap v. C & S DeKalb Bank, 134 Ga. App. 893, 896 (216 SE2d 651) (1975) and cits.

Submitted April 7, 1977 Decided April 12, 1977. Smith & Jones, Henry O. Jones, III, Owens, Littlejohn, Gower & Pugh, Charles A. Gower, for appellants. Hatcher, Stubbs, Land, Hollis & Rothschild, J. Barrington Vaught, E. B. Bradly, for appellee.

Judgment affirmed.

Deen, P. J., and Marshall, J., concur.

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