Williams Co. v. American Tie & Timber Co.

1. The equitable petition of the plaintiff was dismissed on demurrer. The principles involved in this case are sufficiently discussed in Sheppard v. Bridges, 137 Ga. 615 (74 S. E. 245), and Union City Realty & Trust Co. v. Wright, 138 Ga. 703 (76 S. E. 35). It is needless to rediscuss them. The question is whether the rulings there made apply to the present case, as it appears from the allegations of the petition. It was alleged in substance as follows: An owner of land sold it to a company, receiving a part of the purchase-money in cash, and notes for the balance (two being negotiable and…