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WEINTRAUB v. COBB BANK & TRUST COMPANY

38267.

249 Ga. 148 (1982)

288 S.E.2d 553

WEINTRAUB v. COBB BANK & TRUST COMPANY.

Supreme Court of Georgia.

Rehearing Denied March 10, 1982.

Attorney(s) appearing for the Case

Chambers, Chambers & Chambers, John W. Chambers, Sr., Timothy D. Chambers, for appellant.

Kilpatrick & Cody, Thomas C. Harney, Deborrah A. Sutter, for appellee.

WELTNER, Justice.

Weintraub signed a demand promissory note in 1975, payable to the Cobb Bank and Trust Company (the "Bank") in the amount of approximately $142,000. The note was renewed several times, the last instrument, dated August 30, 1977, being in the amount of approximately $160,000.

When Weintraub failed to pay the 1977 note, the Bank sold on foreclosure his property in Henry County, and seized his Jaguar automobile. The Bank petitioned Henry Superior...

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