Morris v. Williams
Court of Appeals of Georgia
1Opinion of the Court
Birdsong, Presiding Judge.
Barney Morris and Daryl Washington sued Welton S. Williams in a shareholder’s derivative action, alleging that Williams abused and commingled the funds of the corporation formed by the parties. Morris and Washington each contributed $15,000 to the capital funds. Williams, with 64.7 percent of stock issued, was majority shareholder and chief executive officer. The trial court denied appellants Morris’ and Washington’s motions for directed verdict. The jury returned a verdict against them and the trial court denied their motions for new trial. Held'.
1. Appellants…
2Cases cited8 opinions
- Garmany v. LawtonSupreme Court of Georgia · 1906
- Addley v. BeizerCourt of Appeals of Georgia · 1992
- Steverson v. Hosp. Auth. of Ware CountyCourt of Appeals of Georgia · 1973
- Trust Co. v. Nationwide Moving & Storage Co.Supreme Court of Georgia · 1975
- Truck Parts & Service, Inc. v. RutledgeCourt of Appeals of Georgia · 1993
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3Cited by6 opinions
- Bresnahan v. Lighthouse Mission, Inc.Court of Appeals of Georgia · 1998
- Gosule v. Bestco, Inc.Court of Appeals of Georgia · 1997
- Key v. Naylor, Inc.Court of Appeals of Georgia · 2004
- Omni Builders Risk, Inc. v. BennettCourt of Appeals of Georgia · 2011
- Federal Paper Board Co. v. Harbert-Yeargin, Inc.District Court, N.D. Georgia · 1998
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