SILVERBOARD v. ITELD

37990, 37991.

248 Ga. 589 (1981)

285 S.E.2d 182

SILVERBOARD v. ITELD et al. ITELD v. SILVERBOARD et al.

Supreme Court of Georgia.

Decided December 3, 1981.


Attorney(s) appearing for the Case

Gershon, Ruden, Pindar & Olim, Max Olim, for appellant (case no. 37990).

Morton, Payne, Rachelson & Carroll, Ira L. Rachelson, Mitchell, Clarke, Pate, Anderson & Wimberly, John T. Brumby, for appellees (case no. 37990).

Ira L. Rachelson, for appellant (case no. 37991).

Max Olim, for appellees (case no. 37991).


JORDAN, Chief Justice.

These appeals arise from an order approving the sale of real estate by commissioners in a statutory partition proceeding.

After proper advertisement the commissioners received two bids on the property, one for $500,000 cash and the other a credit offer of $620,000 on a 10-year payout. The terms of the sale were subject to an existing first mortgage but did not specify whether the sale would be for cash or credit.

The commissioners...

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