This appeal was transferred to this Court by the Supreme Court of Georgia. Appellants/plaintiffs Glenda Fay Fowler, Steven Anthony Smith and Larry Smith appeal the final judgment of the superior court entered on a jury verdict in favor of appellees/defendants, Ruth Fuller Smith, James Don Smith individually and as administrator of the estates of Troy A. Smith and Ethel J. Smith, and United States Fidelity & Guaranty Company, and from a grant of a motion for directed verdict in behalf of appellees/defendants Fidelity Federal Savings Bank and Fleet Real Estate Funding Corporation.
Ethel Smith died intestate in January 1992, survived by her husband, Troy Smith, and seven children. Troy Smith died intestate in November 1992. Their estates included a 12.17-acre tract on which was a house, barn and other structures. The house was in poor condition, and the barn and other structures were dilapidated. During probate a dispute arose among various heirs as to the disposition of their parents’ estate. During a hearing before the probate court in March 1995 on a petition for an accounting and final settlement, a recess
was taken to allow the parties an opportunity to meet and attempt settlement. James Smith, administrator of his parents’ estate, met with his three appellant siblings and mutual agreements were reached between appellants and James regarding property disposition. It was agreed that James would receive a truck; sisters Connie and Glenda would receive the household furnishings; brothers Larry, Steve and James would receive the “outside” equipment and tools; and, to “keep the family together,” a “deal” was made that James would be allowed to purchase the real estate, subject to the approval of the court, provided he could obtain financing. However, the siblings did not stipulate that any particular price would be paid for the house or require James to discuss purchase price with them before consummating a purchase. The siblings reported to the probate judge that the case had been settled and that James would buy the house. This agreement was never
In processing James’ request for financing, the bank appraiser appraised the property at $70,000 based on his assumption that the house was in average condition; however, he did not inspect the interior of the house. Appellees/defendants retained a second appraiser who testified that the house was worth $59,000, “as is.” However, this appraisal was made after James replaced part of the roof of the house. A motion to approve the sale was filed with the probate court which issued an order approving the sale that same day. It was stipulated by counsel that no notice was given to any heir, notice was never published in the newspaper, and no hearing was held on the petition. James financed the property purchase through Fidelity Federal Savings Bank (Fidelity), which subsequently was merged into Regions Bank. A security deed was conveyed to Fidelity who assigned it to Fleet Real Estate Funding Corporation (Fleet). (Regions Bank, Fidelity, and Fleet hereafter are collectively referred to as “Bank.”)
Three of the heirs appealed the probate court’s order to sell to the superior court and brought suit to set aside the deeds and for defalcation of fiduciary duty. The superior court denied appellants/ plaintiffs’ motions for summary judgment. At the close of appellants’ case, the Bank made a motion for directed verdict which was granted. Appellants’ motion for directed verdict to set aside the deeds was denied; the jury returned a verdict in favor of the remaining defendants. Final judgment was entered for the defendants. On appeal, appellants enumerates 16 errors. Held:
1. (a) We decline to address appellants’ enumerations of error 2, 4, 6, 8, 12, and 15. “Denial of a motion for summary judgment is rendered moot by the court’s entry of judgment on the verdict.”
Ga. Power Co. v. Irvin,
(b) Appellants have filed several separate enumerations (see generally OCGA § 5.-6-40) asserting on various grounds that the trial court erred in denying plaintiffs’ motion for directed verdict and in granting the Bank’s directed verdict motion. In determining whether a trial court erred by denying a motion for a directed verdict, the standards in
Canal Ins. Co. v. Wilkes Supply Co.,
Regarding the granting of a motion for directed verdict, “[i]f there is no conflict in the evidence as to any material issue and the evidence introduced, with all reasonable
2. Appellants enumerate that for various grounds the trial court erred in denying their motion for directed verdict against the admin istrator, his surety, the purchasers (administrator and his wife), and the Bank, and in granting the Bank’s motion for directed verdict. The parties have cited no case that is directly on point with all the relevant facts attendant in the case at bar. However, we find that those cases cited by appellees/defendants and which are hereafter discussed are more persuasive in the disposition of this controversy.
(a) Appellants entered a “compromise” agreement with appellee James as to the disposition of certain of the family property and agreeing to allow James to buy the real property at issue, and this agreement was reported to the probate court for its approval. “ ‘[I]n equity the termination of family controversies affords a consideration which is sufficient to support a contract made for such purpose.’”
Fulford v. Fulford,
(b) An agreement for compromise, such as exists in -this case, need not be in writing, especially when the parties orally affirm the existence thereof before the trial court. See
Fulford,
supra at 17; but cf.
Beckworth v. Beckworth,
(c) As there existed a valid compromise agreement between the siblings, a public or private sale in accordance with the provisions of OCGA § 53-8-34 is not required. Compare
Hennessey v. Froehlich,
3. The trial court did not err in granting the motion for directed verdict of appellee Bank. Pretermitting the issue whether appellants had an adequate remedy at law which would preclude equitable relief is the issue whether the Bank was protected as an innocent purchaser. In view of our holdings in Division 2, above, James had an interest in the subject property which he could legally convey to the Bank, and the order of the probate court was not irregular on its face. The Bank had no actual or constructive notice of wrongdoing of appellants because there was none.
Powell v. Harrison,
4. Appellees were the prevailing parties in this suit. But, even had appellants prevailed, it would have rested in the trial court’s discretion whether to award attorney fees pursuant to the equitable “common fund” doctrine.
Ewing v. First Nat. Bank
&c.,
Appellants’ 16 enumerations of error are without merit.
Judgment affirmed.
