Logan v. Bond
Supreme Court of Georgia
In Equity, in Bibb Superior Court. Decision on demurrer, by Judge Powers. November Term, 1852. Joseph Bond filed his bill against George M. Logan and .others, alleging that in April, 1851, Logan having occasion to borrow money for the use of the firm of Logan & Atkinson, obtained from complainant his endorsement upon a note, of which the following is a copy: “ Macon, April, 1851. On or before the 20th day of January next, I promise to pay to the order of Joseph Bond, five…
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In Equity, in Bibb Superior Court. Decision on demurrer, by Judge Powers. November Term, 1852. Joseph Bond filed his bill against George M. Logan and .others, alleging that in April, 1851, Logan having occasion to borrow money for the use of the firm of Logan & Atkinson, obtained from complainant his endorsement upon a note, of which the following is a copy: “ Macon, April, 1851. On or before the 20th day of January next, I promise to pay to the order of Joseph Bond, five thousand dollars, for value received, payable at either of the banks in Macon. Endorsed, GEORGE M. LOGAN. Joseph Bond. The…
1Opinion of the Court
By the Court.
Lumpkin, J.
delivering the opinion.
The bill charges that Logan borrowed $5,000, and gave his individual note, which Bond endorsed; that the money borrowed went into the firm of Logan & Atkinson ; that when that firm failed, they transferred by deed, to Holt and other creditors of the firm their assets, but that before Logan would consent to that transfer, the creditors promised (as he required) to let Bond share in the proceeds of the assets of the firm; that Bond’s name was not put in the written transfer, because counsel advised that it would vitiate the transfer, his being an…
2Cited by11 opinions
- Draper, Moore & Co. v. Macon Dry Goods Co.Supreme Court of Georgia · 1898
- Hornsby v. HoltSupreme Court of Georgia · 1987
- Cotton States Mutual Insurance v. BoothCourt of Appeals of Georgia · 1967
- Automobile Battery Co. v. Geraghty & Co.Court of Appeals of Georgia · 1923
- Rich v. Rawleigh Co.Court of Appeals of Georgia · 1933
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