Calgati Chemical Co. v. Weiland
Court of Appeals of Georgia
1Opinion of the Court
Beasley, Chief Judge.
Egle Gatins Weiland sued her brother, Martin Gatins, and the company of which he was president, Calgati Chemical Company, Ltd., to recover $10,000 allegedly owed on a promissory note.
Calgati is a Georgia corporation. The original principals of the company were Kenneth Callaway, the majority stockholder, and Gatins, a shareholder.
Prior to Gatins’ termination as president, he wrote to his sister Weiland, stating that he and Callaway were facing a temporary cash flow shortfall at Calgati and asking whether she would make “me or Calgati a 45-day loan of $10,000.” Two days…
2Cases cited3 opinions
- Harrison v. MartinCourt of Appeals of Georgia · 1994
- Motz v. National BankCourt of Appeals of Georgia · 1981
- Scarbrough v. HoneaCourt of Appeals of Georgia · 1985