Legal Opinion

Smith v. Wheeler

Supreme Court of Georgia

Decided November 5, 1974No. 29306PublishedCited by 18 opinions

1Opinion of the Court

Jordan, Justice.

Ira Wheeler and Charles Smith entered into an option agreement on March 17, 1973, whereby Wheeler gave Smith a one-year option to buy certain property located in Rockdale County. The option agreement, signed by both parties, states that it is "In consideration of the sum of one ($1.00) dollar to me in hand paid, receipt whereof is hereby acknowledged. . .” It is undisputed that the one dollar consideration cited in the agreement was not paid at the time of execution.

*167On May 22, 1973, Wheeler, through his attorney, informed Smith in a letter that due to the fact that Smith had…

2Cases cited5 opinions

  1. Bard v. KentCalifornia Supreme Court · 1942
  2. Nathans v. ArkwrightSupreme Court of Georgia · 1880
  3. Jones v. SmithSupreme Court of Georgia · 1949
  4. Southern Bell Telephone & Telegraph Co. v. HarrisSupreme Court of Georgia · 1903
  5. Blount v. LynchCourt of Appeals of Georgia · 1919

3Cited by18 opinions

  1. 1464-Eight, Ltd. v. JoppichTexas Supreme Court · 2004
  2. Erwin G. Baumer and Clara S. Baumer, Cross-Appellants v. United States of America, Seven Eighty-Eight Greenwood Avenue Corporation v. United StatesCourt of Appeals for the Fifth Circuit · 1978
  3. Lewis v. FletcherIdaho Supreme Court · 1980
  4. Jolles v. WittenbergCourt of Appeals of Georgia · 1979
  5. Kelley v. General Motors Acceptance Corp.Court of Appeals of Georgia · 1978

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