PRICE v. WINN

53803, 53804.

142 Ga. App. 790 (1977)

237 S.E.2d 409

PRICE v. WINN et al. EQUITY NATIONAL INDUSTRIES, INC. et al. v. PRICE.

Court of Appeals of Georgia.

Decided June 24, 1977.

Rehearing Denied July 13, 1977.


Attorney(s) appearing for the Case

Spearman & Thrasher, William Lewis Spearman, Joan U. Perkins, for Price.

Webb, Parker, Young & Ferguson, Paul Webb, Jr., Joel Y. Moss, for Winn et al. and Equity National Industries, Inc. et al.


BELL, Chief Judge.

In his complaint, plaintiff Price alleged that he entered into agreements with the defendants for the sale and issue of 100,000 shares of "registered stock" of defendant Equity and 50,000 shares of "unregistered" Equity stock with the additional promise to register the latter shares within 13 months of the date of sale. The complaint further alleged that: Based on the above agreement, plaintiff obligated himself to sell the 100,000 shares of registered...

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