SOUTH GEORGIA HOLDING CO. v. HIATT

No. 122.

2 F.Supp. 91 (1933)

SOUTH GEORGIA HOLDING CO. v. HIATT.

District Court, M. D. Georgia, Albany Division.

January 13, 1933.


Attorney(s) appearing for the Case

Jones, Jones, Johnston & Russell, of Macon, Ga., and S. B. Lippitt, of Albany, Ga., for complainant.

Bennet & Peacock, of Albany, Ga., for defendant.


DEAVER, District Judge.

The complainant, South Georgia Holding Company, is a corporation. Dermot Shemwell, H. H. Hedrick, and R. W. Gee constituted its board of directors and were its only officers. The defendant, W. S. Hiatt, as receiver of the New Georgia National Bank, was engaged in winding up the affairs of said bank.

Among the assets of the bank in the receiver's hands were obligations of Dermot Shemwell of approximately $104,000, a judgment against...

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