GARDINER v. McDANIEL

A91A1481.

202 Ga. App. 663 (1992)

415 S.E.2d 303

GARDINER v. McDANIEL.

Court of Appeals of Georgia.

Decided February 3, 1992.


Attorney(s) appearing for the Case

Alfred L. King, Jr., for appellant.

McGinn, Webb & Warner, Richard P. Lindsey, for appellee.


CARLEY, Presiding Judge.

Appellee-plaintiff and appellant-defendant were shareholders in a close corporation of which appellee was a director and appellant was the president. In ostensible consideration of the purchase of all of appellee's shares of stock, appellant executed a promissory note in favor of appellee. When appellant defaulted on this note, appellee brought the instant action to recover the accelerated unpaid balance. In his answer, appellant denied any...

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