VALLEY VIEW CHURCH v. KING

30531, 30532, 30533.

236 Ga. 337 (1976)

223 S.E.2d 701

THE VALLEY VIEW CHURCH OF GOD IN CHRIST, INC. v. KING. THE VALLEY VIEW BAPTIST CHURCH, INC. v. KING; and vice versa.

Supreme Court of Georgia.

Decided February 24, 1976.


Attorney(s) appearing for the Case

Preston L. Holland, for appellants.

Danny C. Bailey, Slutzky & Wolfe, Stanley K. Slutzky, for appellees.


INGRAM, Justice.

These appeals from Fulton Superior Court involve the right of a holder of unsecured corporate church bonds to recover on the bonds prior to their maturity and to set aside, as a fraudulent conveyance, the transfer of real property of the issuer of the bonds, The Valley View Baptist Church, Inc. to a third-party church, The Valley View Church of God in Christ, Inc. The third-party church agreed, as a part of the purchase price for the realty, to issue...

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