Pipkin v. Thomas & Hill, Inc.

ARNOLD, Judge.

Defendant’s position is that there was no contract, but if there was, plaintiffs were only entitled to nominal damages. Plaintiffs contend that in addition to damages awarded them they were entitled to recover interest paid on the interim loan to CCB. Thus, two questions are presented in this appeal. Was there a contract, and what is the measure of damages?

Defendant contends that it made no contract with the plaintiffs. Principally, it relies on the argument that 0. Larry Ward had no authority to bind it to a contract to lend money. All parties agree that Ward lacked actual…