KILGORE v. LIFE INSURANCE COMPANY OF GEORGIA

52117.

138 Ga. App. 890 (1976)

227 S.E.2d 860

KILGORE v. LIFE INSURANCE COMPANY OF GEORGIA.

Court of Appeals of Georgia.

Decided June 10, 1976.


Attorney(s) appearing for the Case

Long & Aldridge, William E. Sumner, William F. Stevens, Clay C. Long, Laurens Walker, William F. Clark, for appellant.

Jason B. Gilliland, Daniel F. Hinkel, John A. Helms, for appellee.


McMURRAY, Judge.

Following default, Life Insurance Co. of Ga. exercised the power of sale contained in a loan deed and sold the property, bidding it in itself for a lump sum bid of $575,000.

Application was made to confirm the sale, and the original maker of the loan deed and note, F. H. Kilgore, Jr., opposed the application, contending that the property was not sold for the amount of its true market value; the tenants in possession of the property were not...

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