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SKINNER v. DeKALB FED. SAVINGS &c. ASSN.

36372.

246 Ga. 561 (1980)

272 S.E.2d 260

SKINNER et al. v. DeKALB FEDERAL SAVINGS & LOAN ASSOCIATION et al.

Supreme Court of Georgia.

Decided October 7, 1980.

Rehearing Denied October 22, 1980.

Attorney(s) appearing for the Case

William L. Skinner, Jeffrey J. Cohen, for appellants.

Anthony C. Smith, Steven F. Unti, for appellees.

CLARKE, Justice.

This concerns the use of certain time deposits held in the name of a trust as collateral for a personal loan to the trustee. The trustee was the mother of five minor children who were the beneficiaries. A home was conveyed to the mother as trustee for the children in the course of a divorce proceeding. In 1973 she sought to sell the home, and her former husband threatened to obstruct the sale if she received the proceeds for herself. A consent order...

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