405 S.E.2d 307 | Ga. Ct. App. | 1991
Plaintiff Portland Forest Products appeals a judgment entered after the direction of a verdict in favor of defendants Garland Lumber Sales, Inc., Frazer Duke and American Lumber Company (Case No. A91A0208). Duke cross-appeals the denial of his individual motion for directed verdict (Case No. A91A0210).
Portland sought damages for its lumber. It had been stored in a building which burned. The building was leased by Garland and owned by Duke. At the close of the evidence, defendants moved for directed verdict on the ground that Portland’s proof of damages was insufficient. The motion was granted.
1. The measure of damages in this case is the fair market value of the lumber at the time it was destroyed. Southern R. Co. v. Birch, 66 Ga. App. 270 (1) (17 SE2d 601) (1941). Portland introduced evidence
Portland failed to establish fair market value of the lumber at the time it was burned. Hoard v. Wiley, 113 Ga. App. 328 (147 SE2d 782) (1966); Lovell v. State, 189 Ga. App. 311, 313 (3) (375 SE2d 658) (1988); Cunningham v. Hodges, 150 Ga. App. 827 (1) (258 SE2d 631) (1979); Hagin v. Powers, 140 Ga. App. 300, 303 (3) (231 SE2d 780) (1976). Compare Messmore v. Roth, 185 Ga. App. 862 (1) (366 SE2d 318) (1988), where in addition to the purchase price (when and as new) and date of purchase, the condition of the property immediately prior to its loss was adduced. The narrow exception with regard to proving value carved out in Braner v. Southern Trust Ins. Co., 255 Ga. 117, 120 (335 SE2d 547) (1985), involving the value of common and familiar homeowner property destroyed by fire, is not applicable. The purchase price or invoice price alone does not establish value. Minit Chek Food Stores v. Plaza Capital, 135 Ga. App. 110 (3) (217 SE2d 415) (1975). Even if the jury could reasonably infer that the condition of the lumber was the same in May as when purchased in December, based in part on the April inspection, it would have to I speculate about its fair market value. That is prohibited. See F. A. Reece Enterprises v. Winnings, 191 Ga. App. 30 (1) (380 SE2d 747) (1989).
2. In view of the ruling in Division 1, the cross-appeal is moot.
Judgment affirmed on the main appeal; cross-appeal dismissed.