Guaranty Investment & Loan Co. v. Athens Engineering Co.
Supreme Court of Georgia
Equitable petition. Before Judge Cobb. Clarke superior court. December 29, 1920.
1Opinion of the CourtAtkinson, J.
T. C. Dunlap, being vice-president of the Guaranty Investment and Loan Company, a corporation, executed in his individual capacity a deed conveying a city lot to that company, as security for a loan of $4000, and received a bond for title, conditioned to reconvey the property on payment of the loan. The deed contained a power ol sale, and was duly recorded. On the day the deed -was executed Dunlap transferred and assigned the bond for title bach- to the loan company ¿$ security for an additional amount of $2000. Neither the bond for title nor the transfer thereof was ever recorded…
2Cases cited9 opinions
- Oglethorpe Savings & Trust Co. v. MorganSupreme Court of Georgia · 1920
- Peoples Bank v. Exchange BankSupreme Court of Georgia · 1902
- Bennett Lumber Co. v. MartinSupreme Court of Georgia · 1909
- Wood v. DozierSupreme Court of Georgia · 1914
- Kirkman v. AshfordSupreme Court of Georgia · 1916
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3Cited by16 opinions
- Citizens Bank v. TaylorSupreme Court of Georgia · 1923
- Picklesimer v. SmithSupreme Court of Georgia · 1927
- Gellis v. B. L. I. Construction Co.Court of Appeals of Georgia · 1978
- Caldwell v. Northwest Atlanta BankSupreme Court of Georgia · 1942
- Old Stone Mortgage & Realty Trust v. New Georgia Plumbing, Inc.Court of Appeals of Georgia · 1976
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