Case Name: CENTRAL BANK & TRUST COMPANY v. PRICE
Court: Court of Appeals of Georgia
Jurisdiction: Georgia
Decision Date: 1975-10-23
Citations: 136 Ga. App. 302
Docket Number: 51253
Parties: CENTRAL BANK & TRUST COMPANY v. PRICE.
Judges: Bell, C. J., and Marshall, J., concur.
Reporter: Georgia Appeals Reports
Volume: 136
Pages: 302–303

Head Matter:
51253.
CENTRAL BANK & TRUST COMPANY v. PRICE.

Opinion:
Webb, Judge.
1. This is an action against the guarantor of a promissory note. Pursuant to Code § 103-205, the guarantor had notified the creditor in writing to proceed to collect the debt from the principals, setting forth their county of residence. The creditor failed to commence an action against them within three months after the notification, resulting in the discharge of the guarantor. Code § 103-205. Accordingly the lower court did not err in granting his motion for summary judgment.
Argued October 6, 1975
Decided October 23, 1975.
Ragsdale & Estes, Andrew W. Estes, for appellant.
Gershon, Rudin, Pindar & Olim, Max Olim, for appellee.
2. Remaining contentions need not be passed upon.
Judgment affirmed.
Bell, C. J., and Marshall, J., concur.