Clare Development Corporation v. First National Bank of Columbus, Georgia

Hill, Justice.

The appellants sued, the bank for injunctive relief and damages for fraud arising out of the alleged breach of an agreement to make construction loans and wrongful foreclosure of property securing loans. Injunctive relief was denied and the bank’s motion for summary judgment was granted.

The case oí Beasley v. Ponder, 143 Ga. App. 810 (240 SE2d 111) (1977), is directly in point. There the court said: "The trial court did not err in granting summary judgment to the defendant. Although fraud can be predicated on a misrepresentation as to a future event where the defendant knows…