BREVARD FED. S&L v. FORD MOUNTAIN INV.

No. S91A0750.

409 S.E.2d 36 (1991)

261 Ga. 619

BREVARD FEDERAL SAVINGS & LOAN ASSOC. v. FORD MOUNTAIN INVESTMENTS.

Supreme Court of Georgia.

Reconsideration Denied November 1, 1991.


Attorney(s) appearing for the Case

Allan R. Ramsay, McClure, Ramsay & Dickerson, Toccoa, for Brevard Federal Sav. & Loan Ass'n.

Ronald G. Robey, Smith, Currie & Hancock, Atlanta, for Ford Mountain Investments.


HUNT, Justice.

The trial court granted Ford Mountain Investments an injunction forbidding Brevard Federal Savings and Loan Association from commencing foreclosure and ruled in favor of Ford on their contract dispute. Brevard appeals.

Brevard loaned money to Wiggins to develop two parcels of real property in Rabun County known as Heatherstone Lakes Subdivision and Highland Tops I. When Wiggins experienced financial problems, Ford agreed with Brevard to take...

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