General Finance & Thrift Corp. v. Bank of Wrightsville

1. Where the same person holds a retention-of-title contract to personalty and a bill of sale to secure a debt covering the same chattel, and both instruments could be foreclosed, a foreclosure and sale under the bill of sale divests the holder’s title to the property retained by the retention-of-title contract at the time the sale occurs. Dozier v. McWhorter, 113 Ga. 584, 585 (39 S. E. 106).

2. It was held on a previous appearance of the case (General Finance & Thrift Corp. v. Bank of Wrightsville, 92 Ga. App. 808, 90 S. E. 2d 93), that where the holder of a conditional-sale contract…