Wyche v. Bank of Campbell County
Supreme Court of Georgia
1Opinion of the CourtGilbert, J.
1. The holder of a note is presumed to be such bona fide, and for value. Civil Code (1910), § 4288. Eor collections of cases see 1 Stevens I. D. Ga. 276; 2 Mich. Enc. Dig. Ga. R. Cum. Supp. 835.
2. “The holder of a note as collateral security for a debt stands upon the same footing as the purchaser.” Civil Code (1910), § 4289.
3. A transferee of a negotiable promissory note, who received the note from the payee before maturity as collateral security without notice of any equities existing between the maker and the payee, is a bona fide holder for value. Civil Code (1910), § 4286; Linderman v.…
2Cases cited8 opinions
- Wadley Southern Railway Co. v. StateSupreme Court of Georgia · 1912
- Linderman v. AtkinsSupreme Court of Georgia · 1915
- Harris v. Bank of Little RockSupreme Court of Georgia · 1899
- Colbert v. PitnerSupreme Court of Georgia · 1924
- Artesian Lithia Water Co. v. Central Bank & Trust Corp.Supreme Court of Georgia · 1912
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3Cited by4 opinions
- Carl S. Strickland Co. v. Union Banking Co.Court of Appeals of Georgia · 1931
- Wright v. Board of Public Instruction for SumterSupreme Court of Florida · 1955
- Cook v. Clarke Chevrolet Co.Court of Appeals of Georgia · 1930
- Duncan v. ColemanSupreme Court of Georgia · 1928