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CLARE DEVELOPMENT CORPORATION v. FIRST NATIONAL BANK OF COLUMBUS, GEORGIA

34559.

243 Ga. 709 (1979)

256 S.E.2d 452

CLARE DEVELOPMENT CORPORATION et al. v. FIRST NATIONAL BANK OF COLUMBUS, GEORGIA.

Supreme Court of Georgia.

Decided May 31, 1979.

Attorney(s) appearing for the Case

Freisem, Grabbe & Swan, George H. Freisem, III, for appellants.

Hatcher, Stubbs, Land, Hollis & Rothschild, James E. Humes, III, for appellee.

HILL, Justice.

The appellants sued the bank for injunctive relief and damages for fraud arising out of the alleged breach of an agreement to make construction loans and wrongful foreclosure of property securing loans. Injunctive relief was denied and the bank's motion for summary judgment was granted.

The case of Beasley v. Ponder, 143 Ga.App. 810 (240 S.E.2d 111) (1977), is directly...

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