WALTON v. JOHNSON

18650.

211 Ga. 12 (1954)

83 S.E.2d 673

WALTON v. JOHNSON.

Supreme Court of Georgia.

Decided September 13, 1954.


Attorney(s) appearing for the Case

Jack Broyles, George B. Rush, for plaintiff in error.

Henry M. Hatcher, Jr., Johnson, Hatcher & Meyerson, contra.


CANDLER, Justice.

On November 6, 1952, and "for value received," H. G. Walton sold and by a written instrument assigned and transferred to Herbert Johnson 95 shares of common stock in a corporation known as Kirkwood Courts Apartments, Inc., each share having a par value of $100. Walton later instituted bail trover in the Civil Court of Fulton County against Johnson to recover the stock, alleging that its sale was void for want of any consideration. Subsequently, Johnson...

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