Williams v. Joel

Headnotes 1 and 2 require no elaboration.

Powers of sale in security deeds are to be strictly construed and fairly exercised. Code § 37-607; Doyle v. Moultrie Banking Co., 163 Ga. 140 (135 S. E. 501); White v. Young, 122 Ga. 830 (51 S. E. 28). Under Code (Ann. Supp.) § 37-607 such powers of sale are assignable. The security deed under consideration, with the power therein contained, was assigned by the original grantee, Mrs. Rayle, to the defendant, Mrs. Joel, with the same formality of execution as the deed itself. Consequently, the power of sale therein contained was one which might properly…