Alropa Corp. v. Goldstein

Transfer in writing of negotiable promissory notes secured by a separate non-negotiable mortgage does not pass the title to the mortgage to the transferee of the notes, so as to entitle the transferee to sue in his own name on an obligation in the mortgage to pay the amounts represented by the notes (which had become barred). Alropa, Corporation v. Richardson, 58 Ga. App. 656 (199 S. E. —). The case of Mercer v. Raybon, 40 Ga. App. 23 (148 S. E. 749), is distinguishable because the mortgage was a negotiable instrument, title to which passed on delivery, and the action was a foreclosure.…