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LOKEY & BOWDEN v. PELLETIER

A89A0237.

192 Ga. App. 470 (1989)

385 S.E.2d 90

LOKEY & BOWDEN et al. v. PELLETIER.

Court of Appeals of Georgia.

Rehearing Denied July 26, 1989.

Attorney(s) appearing for the Case

Hicks, Maloof & Campbell, Robert E. Hicks, Robert A. Bartlett, for appellants.

Herbert P. Schlanger, for appellee.

POPE, Judge.

This appeal arises out of a business transaction run amok. The record shows C. M. Culpepper owned fifty shares (fifty percent) of the stock of Buckhead House of Travel, Inc., which operated a travel agency. Forty shares (forty percent) were owned by a group of investors referred to in the litigation as the "Hurst group." On November 11, 1984, the Hurst group entered into a detailed written agreement whereby...

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