Flournoy v. Highlands Hotel Co.
This text of 153 S.E. 447 (Flournoy v. Highlands Hotel Co.) is published on Counsel Stack Legal Research, covering Court of Appeals of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
This was a suit to recover on a stock subscription, and, according to the decision in Felton v. Highlands Holel Co., 165 Ga. 598 (14 S. E. 793, 57 A. L. R. 987), the petition affirmatively disclosed such a [515]*515state of facts as rendered tlie subscription voidable under the securities act. Ga. L. 1920, p. 250. It did not appear from the other facts alleged that the defendant should be estopped to assert this defense. Hee answers to questions certified herein. Flournoy v. Highlands Hotel Co., 170 Ga. 467 (153 S. E. 26). The superior court erred in not sustaining the general demurrer and dismissing the petition.
Judgment reversed.
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Cite This Page — Counsel Stack
153 S.E. 447, 41 Ga. App. 514, 1930 Ga. App. LEXIS 968, Counsel Stack Legal Research, https://law.counselstack.com/opinion/flournoy-v-highlands-hotel-co-gactapp-1930.