ALGHITA v. UNIVERSAL INVESTMENT &c. CO.

66278.

167 Ga. App. 562 (1983)

307 S.E.2d 99

ALGHITA et al. v. UNIVERSAL INVESTMENT & MANUFACTURING COMPANY.

Court of Appeals of Georgia.

Rehearing Denied July 26, 1983.


Attorney(s) appearing for the Case

Alfred F. Brunetti, for appellants.

James A. Eidson, E. A. Simpson, Jr., for appellee.


McMURRAY, Presiding Judge.

On June 21, 1982, an agreement to transfer and reacquire stock of "Universal Investment & Manufacturing Co." (hereinafter referred to as "UIMCO") was executed by Heavy Machines Company, Inc. (Adnan Alghita, president). The agreement was referred to as being one between Alghita and UIMCO, but Alghita did not sign same except as president of Heavy Machines Company, Inc. (hereinafter referred to as "HMC, Inc."). The President of UIMCO,...

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