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North American Acceptance Corporation v. Jones

Court of Appeals of Georgia
Oct 7, 1970
178 S.E.2d 217 (Ga. Ct. App. 1970)

Opinion

45580.

ARGUED SEPTEMBER 16, 1970.

DECIDED OCTOBER 7, 1970.

Action on notes. Fulton Civil Court. Before Judge Webb.

Bullock, Yancey, Mitchell Fink, Harris Bullock, Arnall, Golden Gregory, Joel Fryer, for appellants.

Robert S. Whitelaw, for appellee.


In a consolidated suit on two promissory notes, plaintiffs appeal from a judgment for defendant based on his plea of non est factum.

There is little doubt the notes sued upon are forgeries. The issue is whether defendant is precluded from denying that these are his signatures because his negligence caused these forged notes to be innocently purchased for value. See Code Ann. § 109A-3 — 404.

Under the evidence, the trial court was authorized to find either that defendant did not speak or act negligently, or that plaintiffs did not in fact rely upon his statements in their decisions to purchase. In either case, no estoppel would arise.

Judgment affirmed. Deen and Evans, JJ., concur.

ARGUED SEPTEMBER 16, 1970 — DECIDED OCTOBER 7, 1970.


Summaries of

North American Acceptance Corporation v. Jones

Court of Appeals of Georgia
Oct 7, 1970
178 S.E.2d 217 (Ga. Ct. App. 1970)
Case details for

North American Acceptance Corporation v. Jones

Case Details

Full title:NORTH AMERICAN ACCEPTANCE CORPORATION et al. v. JONES

Court:Court of Appeals of Georgia

Date published: Oct 7, 1970

Citations

178 S.E.2d 217 (Ga. Ct. App. 1970)
178 S.E.2d 217