Court of Appeals of Georgia February 21, 1972, 46915 (Rauch v. Shanahan)

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United States · · · 21-02-1972

Eberhardt, Judge.

1. The evidence in the record supports the allegations of the petition, and authorizes a conclusion by the jury that the Rauchs were in complete charge and control of the two corporations, the organization of which was never completed, that they had used or expended substantially all funds which the corporations had received for stock subscriptions, leaving it without other

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