Fourth National Bank v. Grant

Stolz, Judge.

This is the third case involving these parties which has reached the appellate courts of this state. The prior decisions are reported at 229 Ga. 855 (194 SE2d 913) and 231 Ga. 692 (203 SE2d 517).

In Fourth Nat. Bank v. Grant, 231 Ga. 692, supra, the Supreme Court held that, by operation of Code § 67-1301, Mrs. Grant had obtained, upon the execution of a deed to secure debt to her by Mr. Anthony in 1962, fee simple title to a tract of land, subject only to the grantor’s right (created by a letter incorporated in the agreement) to reconveyance upon payment of the debt during his…