Simpson v. American National Bank

Marshall, Judge.

Appellant Simpson brings this appeal from the action of the Superior Court of DeKalb County dismissing his complaint as to all defendants. His sole enumeration of error is that there was no legal basis for the dismissal of the complaint.

Simpson is a stockholder of Coastal Resorts of America, Inc. Coastal Resorts was sued in the State Court of DeKalb County by American National Bank of Brunswick and in a second suit in the same court by the Trust Company Bank. Each of the suits averred that Coastal Resorts was indebted to the banks for real estate development loans and that…