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AMERICAN INTERNATIONAL INDUSTRIES, INC. v. PLUMBERS WOODWORK COMPANY

42194.

114 Ga. App. 490 (1966)

151 S.E.2d 822

AMERICAN INTERNATIONAL INDUSTRIES, INC. et al. v. PLUMBERS WOODWORK COMPANY.

Court of Appeals of Georgia.

Decided October 6, 1966.

Rehearing Denied October 19, 1966.

Attorney(s) appearing for the Case

Marvin O'Neal, Jr., Robert Paul Leiter, for appellants.

Lipshutz, Macey, Zusmann & Sikes, Robert A. Elsner, for appellee.

PANNELL, Judge.

1. The holding that where a note is given to induce the payee thereof to perform a contract which it is already bound to perform, and which it refuses to perform, using the refusal as a means of morally coercing the makers of the note to execute it, the note is without consideration and a nudum pactum (Vinson v. Williams Printing Co., 85 Ga.App. 442 (

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