Legal Opinion

Stone v. COLONIAL CREDIT COMPANY

Court of Appeals of Georgia

Decided February 20, 1956No. 36078PublishedCited by 10 opinions

1Opinion of the CourtCarlisle, J.

1. “Prior to the enactment in this State of the uniform negotiable-instruments law, it was the rule that, where a promissory note was payable to a named person or order, the holder other than the payee could not sue thereon in his own name where the note had not been indorsed or assigned in writing to him, and that suit could be brought only in the name of the original payee for the use of the transferee. Allen v. Commercial Credit Co., 155 Ga. 545 (117 S. E. 650). The indorsement or assignment in writing of the note was necessary to put the legal title in the holder. Benson v. Abbott, 95 Ga.…

2Cases cited9 opinions

  1. Benson v. Abbott, Parker & Co.Supreme Court of Georgia · 1894
  2. Allen v. Commercial Credit Co.Supreme Court of Georgia · 1923
  3. Farris v. WellsSupreme Court of Georgia · 1882
  4. Burch v. DanielSupreme Court of Georgia · 1897
  5. Folsom v. Continental Adjustment Corp.Court of Appeals of Georgia · 1934

4 more not listed; retrieve them via the Exa API.

3Cited by10 opinions

  1. General Electric Credit Corp. v. BrooksSupreme Court of Georgia · 1978
  2. Walton v. JohnsonSupreme Court of Georgia · 1957
  3. Adair Realty & Loan Company v. Williams Brothers Lumber CompanyCourt of Appeals of Georgia · 1965
  4. Fleming v. CarasCourt of Appeals of Georgia · 1984
  5. Northeast Factor & Discount Co. v. Mortgage Investments, Inc.Court of Appeals of Georgia · 1963

5 more not listed; retrieve them via the Exa API.

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