Austin v. Georgia Loan & Trust Co.

On the 1st day of May, 1891, J. L. Lane borrowed from the Georgia Loan and Trust Company the sum of five hundred dollars, giving therefor a promissory note with interest coupon notes attached, and also executing to that company a security deed to land. Subsequently this note was by the Loan and Trust Company transferred to Stephen D. Smith. He brought against Lane, in the city court of Atlanta, an ordinary action on this note, and, on September 19,1893, obtained a common-law judg-

*2ment for tbe full amount of principal and interest due thereon. On September 27, 1893, the Loan and Trust Company…