Stowe v. State

Pope, Judge.

George Stowe here appeals his conviction of theft by conversion under Code Ann. § 26-1808.1.

Appellant, a building contractor, entered into a contract with Marshall and Patricia Ballenger to build them a home in Madison County. A Clarke County savings and loan association was also party to the contract as the lender. The contract provided for a construction account to be set up by the lender from which appellant was to draw funds to pay for materials, labor and other costs of construction. Appellant drew $42,325.00 from the account and, with the final draw, he signed an affidavit…