BRIDGERS v. INVESTORS AMERICA

58383.

154 Ga. App. 206 (1980)

267 S.E.2d 801

BRIDGERS et al. v. INVESTORS AMERICA, INC. et al.

Court of Appeals of Georgia.

Decided March 18, 1980.

Rehearing Denied April 2, 1980.


Attorney(s) appearing for the Case

Gary W. Hatch, Philip S. Coe, for appellants.

Joseph R. Manning, for appellees.


SMITH, Judge.

Mr. and Mrs. Bridgers (Sellers) brought suit alleging default and seeking to recover $180,994.30 plus interest and attorney fees on a promissory note executed by Investors America, Inc. (Buyer) and endorsed by the corporation's six directors. The note represented part of the purchase price for 96 apartment units located in the City of Atlanta. Two individual directors did not contest the suit and a default...

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