Court of Appeals of Georgia May 5, 1980, 59647 (Sutton v. General Electric Credit Corp.)

Banke, Judge.

In November 1973 the appellant executed a conditional sales contract to appellee covering the purchase of two pieces of equipment, a scraper and a backhoe, in a principal amount exceeding $100,000: In October 1974 the backhoe became imbedded near a river, and appellant sued two insurers of the backhoe, as well as appellee, to recover for his loss.