Mathis v. Fulton Industrial Corp.

The Fulton Industrial Corporation instituted, in the municipal- court of Atlanta, an action of trover to “recover one Hudson coach” in the possession of W. D. Mathis, which it al*200leged lio had “sold, conveyed, and assigned” to it by “a bill of sale to secure a loan.” The defendant admitted possession of the property sued for, but denied that the title or right of possession thereto was in the plaintiff, because the bill of sale under which the plaintiff claimed was made to secure a debt while the plaintiff was “engaged in the business of making loans in sums of less than $300 at a rate of…