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REYNOLDS v. HARRISON

No. S04A1273.

604 S.E.2d 184 (2004)

278 Ga. 495

REYNOLDS et al. v. HARRISON et al.

Supreme Court of Georgia.

October 12, 2004.

Attorney(s) appearing for the Case

Haygood & Pruett, Michael C. Pruett, Watkinsville, Powell, Goldstein, Frazer & Murphy, William J. Linkous Jr., Nicole J. Wade, Atlanta, for appellants.

Alston & Bird, John C. Sawyer, Jay D. Bennett, Atlanta, Russell, Stell, Smith & McLockin, John E. Stell, Jr., Winder, Stewart, Melvin & Frost, J.C. Highsmith, Jr., Gainesville, for appellees.

THOMPSON, Justice.

The question for decision in this declaratory judgment action is whether a majority of the co-executors can sell the stock of a non-publicly traded corporation which is not expressly bequeathed by name to a beneficiary, even though the estate is fully able to meet its financial obligations. The answer is "yes."

Robert H. Harrison died testate. His will names his wife, Patsy Hall Harrison...

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