RAUCH v. SHANAHAN

46915.

125 Ga. App. 782 (1972)

189 S.E.2d 111

RAUCH et al. v. SHANAHAN.

Court of Appeals of Georgia.

Decided February 21, 1972.

Rehearing Denied March 23, 1972.


Attorney(s) appearing for the Case

G. Robert Howard, for appellants.

Withers & McDaniel, Nicholas C. McDaniel, for appellee.


EBERHARDT, Judge.

1. The evidence in the record supports the allegations of the petition, and authorizes a conclusion by the jury that the Rauchs were in complete charge and control of the two corporations, the organization of which was never completed, that they had used or expended substantially all funds which the corporations had received for stock subscriptions, leaving it without other assets, and that no certificate of stock in either corporation, or other...

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