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FIBERTEX, INC. v. CALDWELL

30668.

236 Ga. 136 (1976)

223 S.E.2d 111

FIBERTEX, INC. v. CALDWELL.

Supreme Court of Georgia.

Decided January 28, 1976.

Attorney(s) appearing for the Case

G. Hughel Harrison, for appellant.

Donald A. Page, Arthur K. Bolton, Attorney General, for appellee.

UNDERCOFLER, Presiding Justice.

United Bonding Insurance Company, an Indiana corporation qualified to do business in Georgia, became insolvent in 1971. Appellee was appointed ancillary receiver in Georgia. At that time appellant held a Georgia judgment against United in the principal amount of $10,487.16 with interest at 7% from October 19, 1970. The ancillary receiver in his final report to the Fulton Superior Court among other things recommended payment of the principal...

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