CONSOLIDATED EQUITIES CORP. v. BIRD

A89A1719.

195 Ga. App. 45 (1990)

392 S.E.2d 276

CONSOLIDATED EQUITIES CORPORATION et al. v. BIRD et al.

Court of Appeals of Georgia.

Rehearing Denied March 22, 1990.


Attorney(s) appearing for the Case

Gambrell, Clarke, Anderson & Stolz, David H. Gambrell, for appellants.

Troutman, Sanders, Lockerman & Ashmore, William N. Withrow, Jr., Roger S. Reigner, Jr., for appellees.


CARLEY, Chief Judge.

Appellee-plaintiffs are two of the five individuals who, as limited partners, joined with appellant-defendant Consolidated Equities Corporation, as the general partner, in forming the Master Host Inn-East Limited Partnership (Partnership). The relevant facts concerning the formation of the Partnership in 1976 are as follows: Appellant conveyed to the limited partners an undivided one-half interest in the motel and the limited partners then conveyed...

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