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KELLOS v. PARKER-SHARPE, INC.

35430.

245 Ga. 130 (1980)

263 S.E.2d 442

KELLOS v. PARKER-SHARPE, INC. et al.

Supreme Court of Georgia.

Decided January 8, 1980.

Rehearings Denied January 25, 1980.

Attorney(s) appearing for the Case

Knox & Zacks, Wyck A. Knox, Jr., Raymond G. Chadwick, Jr., for appellant.

Alston, Miller & Gaines, Jay D. Bennett, Fulcher, Hagler, Harper & Reed, William M. Fulcher, for appellees.

HILL, Justice.

Plaintiff brought a complaint in equity to compel the defendants to transfer certain shares of corporate stock to her, to appoint a receiver, to compel an accounting, to liquidate the assets of the corporation, and for $350,000 in damages. In her complaint she alleged that the four individual defendants were in default on certain promissory notes (four identical notes in face amount of $25,000 each). Those notes were each secured by 2,500

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