Planters Bank v. Georgia Loan & Trust Co.

1. Where an improved and cultivated tract of land, containing 50 acres, was levied upon arid sold- under a tax fi. fa. for the principal sum of $19.92 and interest and costs, and where the holder of a deed from the defendant in the tax fi. fa., of older date than the tax execution, made to secure a loan of $500 which had not been paid, filed its petition against the purchaser at the sale, after the expiration of the time in which the owner or such creditor could have redeemed this land from the tax sale, the creditor having no knowledge of the sale until after the period of redemption had…