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BARONE v. ADCOX

30391.

235 Ga. 588 (1975)

221 S.E.2d 6

BARONE v. ADCOX.

Supreme Court of Georgia.

Decided October 28, 1975.

Rehearing Denied November 24, 1975.

Attorney(s) appearing for the Case

Archer & Barnes, James H. Archer, Jr., for appellant.

Cunningham & Clarke, Raymond A. Cunningham, for appellee.

HALL, Justice.

Mrs. Barone and her minor son sued Adcox in equity under a claimed buy-sell agreement between Barone, now deceased, and his former partner Adcox. Under the alleged terms of this agreement, the company (the stock of which was owned 50-50 by Barone and Adcox) paid premiums on life insurance policies on the two men who had agreed that in the event of the death of either the survivor, to whom the policy was payable...

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