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LDH PROPERTIES v. MORGAN &c. TRUST CO.

54825.

145 Ga. App. 132 (1978)

243 S.E.2d 278

LDH PROPERTIES, INC. et al. v. MORGAN GUARANTY TRUST COMPANY OF NEW YORK.

Court of Appeals of Georgia.

Decided February 15, 1978.

Rehearing Denied March 7, 1978.

Attorney(s) appearing for the Case

Zachary & Segraves, Kenneth W. Carpenter, William E. Zachary, Jr., for appellants.

King & Spalding, Joseph R. Bankoff, Walter Driver, Jr., for appellee.

BANKE, Judge.

Morgan Guaranty Trust Company of New York sued LDH Properties, Inc., and C. L. Straughan, Jr., LDH's president and sole stockholder, to collect on three promissory notes executed by LDH and personally endorsed by Straughan. Straughan and LDH in turn filed counterclaims alleging that Morgan Guaranty had breached the loan agreements relating to these notes and had disseminated false information about them which had adversely affected their credit with...

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