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HAMMOND v. FEDERAL LAND BANK

59937, 59938, 59939.

155 Ga. App. 426 (1980)

270 S.E.2d 848

HAMMOND v. FEDERAL LAND BANK OF COLUMBIA et al. WALLACE v. FEDERAL LAND BANK OF COLUMBIA et al. BOLING v. FEDERAL LAND BANK OF COLUMBIA et al.

Court of Appeals of Georgia.

Decided July 11, 1980.

Rehearing Denied July 24, 1980.

Attorney(s) appearing for the Case

Robert J. Reed, for appellant (Case No. 59937).

William H. Blalock, J. Douglas Stewart, Charles B. Rice, Emory F. Robinson, Albert Sidney Johnson, for appellees.

Albert Sidney Johnson, Benning M. Grice, Jr., for appellants (Cases No. 59938, 59939).

William H. Blalock, J. Douglas Stewart, Charles B. Rice, Emory F. Robinson, Robert J. Reed, for appellees.

BIRDSONG, Judge.

Summary judgment. For a fuller statement of the facts of this case, see Boling v. Federal Land Bank of Columbia, 243 Ga. 467 (254 S.E.2d 848). In essence the relevant facts show that one Smith bought 1,250 acres of land for $1,200,000 and had a repurchaser for the same land for $2,200,000, thus realizing a quick profit of $1,000,000. Smith, however, encountered difficulty in...

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