Green v. Atlanta Barbers Supply Co.

Supreme Court of Georgia

Green v. Atlanta Barbers Supply Co.

151 S.E. 504, 169 Ga. 805, 1930 Ga. LEXIS 37

CourtSupreme Court of Georgia

DecidedJanuary 20, 1930

DocketNo. 7182

StatusPublished

Cited by2 cases

This text of 151 S.E. 504 (Green v. Atlanta Barbers Supply Co.) is published on Counsel Stack Legal Research, covering Supreme Court of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Green v. Atlanta Barbers Supply Co., 151 S.E. 504, 169 Ga. 805, 1930 Ga. LEXIS 37 (Ga. 1930).

Pincite

Opinion

Hill, J.

1. “There being- generally no privity between stockholders and creditors of a corporation, the former, in the absence of a statute imposing such liability, are not . . answerable over directly to the latter for the debts of the corporation.” Lamar v. Allison, 101 Ga. 270 (28 S. E. 686). Applying this principle, the court did not err in sus- « taining that part of the demurrer which called for the dismissal of the individual stockholders of the corporation as parties to the suit.

2. The court did not err, under the allegations of the petition, in refusing an injunction, in refusing to appoint a receiver, and in leaving the case to stand as an action against the corporation for damages.

Judgment affirmed.

All the Justices concur'. W. H. Terrell, for plaintiff.

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