Booth v. Atlanta Clearing-House Ass'n
Supreme Court of Georgia
Petition for injunction, etc. Before Judge Pendleton. Fulton superior Court. March 9, 1908. Justice Lumpkin being disqualified, Judge Worrill, of the Pataula circuit, was designated to sit in his stead.
1Opinion of the CourtWorrill, J.
1. The record shows, that at different times during a period beginning on the 31st day of October, 1907, and ending on the 30th day of November-of the same year, the Neal Bank executed and delivered to the Atlanta Clearing-House Association seven notes or certificates of indebtedness which amounted in the aggregate to $200,000; that the sole consideration for which these notes were given was for certain paper called Atlanta Clearing-House certificates which also aggregated in face value the sum of $200,000; that the Neal Bank, for the purpose of securing these notes, transferred to the…
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