Brenner v. Wright

Russell, Chief Justice.

1. Where the vendee in a deed of conveyance founded upon a valuable consideration was described as “Alexander P. Wright, trustee,” no .trust being declared and no beneficiary being named, the word “trustee” is mere surplusage, and the vendee took the title for his own use. Andrews v. Atlanta Real Estate Co., 92 Ga. 260 (18 S. E. 548).

2. The recital in the transfer on the bond for title in this case, executed by the obligee therein, “For value received,” imported payment by the transferee to the transferor of a valuable consideration for the interest of the transferor in…