Majestic Homes, Inc. v. SIERRA DEVELOPMENT CORP.
Court of Appeals of Georgia
1Opinion of the Court
Pope, Chief Judge.
On or about June 14, 1989, plaintiff Majestic Homes, Inc. and defendant Sierra Development Corporation entered into an assignment agreement. Pursuant to that agreement a lot contract between Majestic and a third party was to be assigned to Sierra. That agreement also provided for $25,000 to be held in escrow. The assignment was not completed, allegedly due to the default of Sierra.
On November 17, 1989, the escrow agent under the assignment agreement filed an interpleader action, naming the parties in this action as defendants and seeking to determine which of the parties…
2Cases cited3 opinions
- Fowler v. VineyardSupreme Court of Georgia · 1991
- Rogers v. Coronet InsuranceCourt of Appeals of Georgia · 1992
- Citizens Exchange Bank of Pearson v. KirklandSupreme Court of Georgia · 1986
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