Case Name: CITIES SERVICE OIL COMPANY v. COLLINS et al.
Court: Court of Appeals of Georgia
Jurisdiction: Georgia
Decision Date: 1970-01-20
Citations: 121 Ga. App. 38
Docket Number: 44957
Parties: CITIES SERVICE OIL COMPANY v. COLLINS et al.
Judges: Deen and Evans, JJ., concur.
Reporter: Georgia Appeals Reports
Volume: 121
Pages: 38–38

Head Matter:
44957.
CITIES SERVICE OIL COMPANY v. COLLINS et al.
Submitted January 12, 1970
Decided January 20, 1970.
Ralph C. Jenkins, for appellant.
Scott Walters, Jr., for appellees.

Opinion:
Hall, Presiding Judge.
Plaintiff in a suit to collect an account appeals from a summary judgment for one of the defendants who was alleged liable as a guarantor.
In August 1967, Mrs. Collins, a married woman, signed an agreement entitled "Guaranty." While the document recited that her promise was "for value received," she stated in an affidavit supporting her motion for summary judgment that she received nothing and no consideration, then or since. This evidence was not disputed. The agreement is therefore one- of suretyship, and, as it was made prior to the amendment of Code Ann. § 53-503, cannot be enforced against her. Wolkin v. National Acceptance Co., 222 Ga. 487 (150 SE2d 831).
Plaintiff contends the agreement must be a guaranty as the wording corresponds to that of Code Ann. § 109A-3—416 (1) which defines the contract of a guarantor. Plaintiff has overlooked the fact that Article 3 of Title 109A pertains only to commercial paper. The debt in question here is an open account, not one evidenced by a negotiable instrument and to which different policy considerations apply.
Judgment affirmed.
Deen and Evans, JJ., concur.