National Exchange Bank v. Holman
Supreme Court of South Carolina
Before Norton, J., Barnwell, November, 1888. This was an action by the National Exchange Bank of Augusta, Ga., against W. A. Holman, commenced in June, 1887. The opinion states the case.
1Opinion of the Court
The opinion of the court was delivered by
MR. Justice McGowan.
It seems that in the year 1885, James E. Davis purchased from J. Z. Dunlap, of Aiken, a lot of law books, for which he gave his note, and to secure it, a mortgage of the books ; that Dunlap transferred the note and mortgage to the plaintiff bank ; and when it fell, due, Davis not being able to pay the debt, sold the books, with the consent of the bank, to Holman, the defendant, took his note for the same, and transferred it to the bank, the agreement being that the mortgage given by Davis was still to stand and bind the books in the…
2Cited by7 opinions
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- Rentz v. CrosbySupreme Court of South Carolina · 1918
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