Garrard v. Milledgeville Banking Co.

In May, 192!", W. T. Garrard executed and delivered to the Milledgeville Banking Company a deed and bill of sale conveying certain real and personal property to the bank to secure a debt. That instrument made a conveyance of twenty-five shares of the capital stock of the First National Bank of Milledgeville, in the following words: "And for the same consideration, and to secure the said bank the payment of the said notes hereinafter mentioned, I hereby bargain, sell, and deliver to the said Milledgeville Banking Company, its successors and assigns, 25 shares of the capital stock of the First…