CITIZENS &c. BANK v. BAILEY

54617.

144 Ga. App. 550 (1978)

241 S.E.2d 443

CITIZENS & SOUTHERN BANK OF CLAYTON COUNTY v. BAILEY.

Court of Appeals of Georgia.

Decided January 4, 1978.

Rehearing Denied January 23, 1978.


Attorney(s) appearing for the Case

Alston, Miller & Gaines, James S. Stokes, IV, for appellant.

Albert B. Wallace, for appellee.


BIRDSONG, Judge.

Appellant, the Citizens & Southern Bank of Clayton County (C & S), brings this appeal from a jury verdict and monetary judgment rendered against it in favor of Bailey in the amount of $29,400.

The facts show that Bailey obtained an option to purchase a tract of real estate for $45,000. He also obtained a contract to sell the same real estate to another for the price of $90,000. Armed with the option and the contract of resale, Bailey...

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