GREEN PROPERTY CORPORATION v. O'Callaghan, Saunders & Stumm, PC

Pope, Judge.

On October 29, 1982 appellant Green Property Corporation, a Georgia corporation, closed the sale of certain real estate at the offices of appellee O’Callaghan, Saunders &.Stumm, P. C. (O’Callaghan), the law firm representing the purchaser in the transaction. O’Callaghan acted as closing attorney. In connection with the closing, as payment of a portion of the purchase price, O’Callaghan issued a check to appellant in the amount of $245,637.99 drawn on O’Callaghan’s escrow checking account which was maintained with appellee National Bank of Georgia (NBG). The president of appellant,…