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CONSOLIDATED PECAN SALES COMPANY v. SAVANNAH BANK & TRUST COMPANY

45470.

122 Ga. App. 536 (1970)

177 S.E.2d 808

CONSOLIDATED PECAN SALES COMPANY v. SAVANNAH BANK & TRUST COMPANY et al.

Court of Appeals of Georgia.

Decided September 8, 1970.

Rehearing Denied September 29, 1970.

Attorney(s) appearing for the Case

Smith, Gardner, Wiggins, Geer & Brimberry, Jerry W. Brimberry, for appellant.

Perry, Walters, Langstaff, Lippitt & Campbell, Jesse W. Walters, Divine, Busbee & Wilkin, George D. Busbee, for appellees.

P, Walter Jones, Burt & Burt, Donald D. Rentz, amicus curiae.

PANNELL, Judge.

Savannah Bank & Trust Company of Savannah and the Florida National Bank of Jacksonville brought an action against Consolidated Pecan Sales Company and two officers of the company as individuals, alleging that the corporation was indebted to the two banks and alleging that certain securities such as accounts receivable, warehouse receipts, etc., were either non-existent or fraudulent, and alleging all the defendants to be insolvent, prayed for the...

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