Legal Opinion

Biddle v. Papa

Supreme Court of Georgia

Decided March 12, 1935No. 10603Published

1Opinion of the Court

Atkinson, Justice.

1. The Federal statutes, U. S. Acts June 17, 1916, as amended, Federal emergency relief act, March 12, 1933, farm credit act, June 10, 1933, do not require a creditor to accept home owner’s loan corporation bonds in lieu of cash. Traylor v. Peoples Bank of Carrollton, 179 Ga. 895 (177 S. E. 702).

*469No. 10603. March 12, 1935. T. G-. Head, and McClure & McClure, for plaintiff. F. M. Gleason, for defendant.

2. Refusal of a creditor to accept sucli bonds in lieu of cash will not afford the debtor ground for injunctive relief to prevent a duly advertised sale of land under a valid…

2Cases cited3 opinions

  1. Smith v. BukofzerSupreme Court of Georgia · 1935
  2. Traylor v. Peoples BankSupreme Court of Georgia · 1934
  3. Stephens v. National Life InsuranceSupreme Court of Georgia · 1934

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