Planters' Bank v. Prater
Supreme Court of Georgia
Contracts. Lien. Assignment. Trust. Equity. Notice. Before J u’dge Simmons. Crawford Superior Court. March Term, 1879. This was a bill filed by the children of one W. G. Prater against him, the bank, and the sheriff of Crawford county.
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Contracts. Lien. Assignment. Trust. Equity. Notice. Before J u’dge Simmons. Crawford Superior Court. March Term, 1879. This was a bill filed by the children of one W. G. Prater against him, the bank, and the sheriff of Crawford county. It alleged that Prater, as executor of their grandfather, and as their guardian, had received certain funds in trust for them, and had invested it in certain lands known as the Ross place, in Crawford county, taking title to himself, being 1,800 acres; that 600 of the same had been conveyed by Prater to J. W. Mathews Co. by defeasible deed signed by Prater and…
1Opinion of the Court
Jackson, Justice.
Sarah J. Prater et al., children of W. G. Prater, brought their bill against W. G. Prater, their father and trustee, and the Planters’ Bank of Fort Talley, for a perpetual in junction against the bank, prohibiting it from enforcing a judgment against W. G. Prater, on certain lands which were purchased with their money by their father and trustee. Part of these lands had been conveyed to Mathews & Co. by Prater absolutely, Mrs. Prater signing the deed with her husband, and Mathews & Co. obligating themselves to re-convey on Prater’s paying them certain notes, payable to their…
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