Legal Opinion

Barker v. Peoples Loan & Savings Co.

Supreme Court of Georgia

Decided February 17, 1934No. 9477PublishedCited by 7 opinions

1Opinion of the CourtBussell, C. J.

In 1922 the owners of all the capital stock of Magnolia Cemetery sold their shares of stock to Peoples Loan & Savings Company for $75,000, receiving $10',000 cash and what purported to be certificates of preferred stock aggregating $65,000. In 1925 a new agreement was reached between the sellers and purchasers, and the sellers surrendered their stock certificates and received other certificates to the amount of $45,500. The business of the cemetery company was managed by Peoples Loan & Savings Company and E. W. Allen, its president, and who was also president of the cemetery company. Payments…

2Cases cited5 opinions

  1. Hawkins v. Mayor of AmericusSupreme Court of Georgia · 1898
  2. Anderson v. FawSupreme Court of Georgia · 1887
  3. Augusta Mutual Loan Ass'n v. McAndrewSupreme Court of Georgia · 1879
  4. Preetorius v. BarnesSupreme Court of Georgia · 1886
  5. Eady v. Magnolia Cemetery Co.Supreme Court of Georgia · 1932

3Cited by7 opinions

  1. DeKrasner v. BoykinCourt of Appeals of Georgia · 1936
  2. Calhoun v. Southern States Naval Stores Co.Supreme Court of Georgia · 1937
  3. Williams v. SmithCourt of Appeals of Georgia · 1956
  4. McBurney v. AndersonCourt of Appeals of Georgia · 1949
  5. Clyde v. StateCourt of Appeals of Georgia · 1958

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