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FOUNDERS LIFE CORP. v. HAMPTON

597 S.W.2d 897 (1980)

FOUNDERS LIFE CORPORATION, Plaintiff-Petitioner, v. James W. HAMPTON, Defendant-Respondent.

Supreme Court of Tennessee.

April 28, 1980.

Attorney(s) appearing for the Case

Mitchell Crawford, Nashville, for plaintiff-petitioner.

Respondent did not appear either in person or by counsel.

OPINION

BROCK, Chief Justice.

The plaintiff corporation has appealed from the judgment of the Court of Appeals affirming the decree of the Chancellor dismissing the plaintiff's complaint against James W. Hampton, defendant-respondent.

The plaintiff corporation brought this action against its former president, defendant James W. Hampton, to recover the sum of $42,000.00 and interest representing the amount of a loan which defendant Hampton made to...

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