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LINCOLN LAND CO. v. PALFERY

48515.

130 Ga. App. 407 (1973)

203 S.E.2d 597

LINCOLN LAND COMPANY et al. v. PALFERY et al.

Court of Appeals of Georgia.

Decided November 26, 1973.

Rehearing Denied December 6, 1973.

Attorney(s) appearing for the Case

Smith & Millikan, Harmon T. Smith, Jr., Heard, Leverett & Adams, E. Freeman Leverett, for appellants.

Telford, Stewart & Stephens, Charles W. Stephens, for appellees.

DEEN, Judge.

1. (a) The evidence here shows certain things without dispute, such as that the three individual defendants Blades, Habit and Goodwin constituted all of the officers, stockholders and board of directors of Lincoln Land Company, and also all of the officers, stockholders and board of directors of Lakewood Corporation at all pertinent times; that Lincoln transferred all of its assets and liabilities to Lakewood except the management of the water system...

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