Turner v. Tyson

Wyatt, Presiding Justice.

1. “A petition in equity, in which a corporation and an individual are named as defendants, alleging that the plaintiff is a creditor of the corporation, which is now insolvent, and that the individual has converted to his own use assets of the corporation in excess of the amount of the plaintiff’s claim, leaving no other assets sufficient in amount with which to pay the corporate debt, and which suit seeks to hold liable the individual as a trustee ex maleficio, states a cause of action.” Millers Nat. Ins. Co. v. Hatcher, 194 Ga. 449 (2) (22 S. E. 2d 99). See also…