Exchange Bank v. Odum
Court of Appeals of Georgia
Complaint; from city court of Thomasville—Judge W. H. Hammond. December 1, 1915.
1Opinion of the CourtWade, C. J.
1. A note payable on demand is due immediately (Civil Code, § 4292; Brinson Ry. Co. v. Exchange Bank of Springfield, 16 Ga. App. 425 (85 S. E. 634)), and a purchaser takes such a note subject to all equities between the original parties. Motel Lanier Co. v. Johnson, 103 Ga. 604 (3), 605 (30 S. E. 558) ; Dougherty v. Western Bank of Georgia, 13 Ga. 287; Meador v. Dollar Savings Bank, 56 Ga. 605 (3).
2. A promissory note payable “after date” and not otherwise expressing any time for payment is payable on demand (Hotel Lanier Co. v. Johnson, supra), and a note payable “on demand after date” is…
2Cases cited6 opinions
- Meador v. Dollar Savings BankSupreme Court of Georgia · 1876
- Hatchings v. EdmandsMassachusetts Supreme Judicial Court · 1882
- Hotel Lanier Co. v. JohnsonSupreme Court of Georgia · 1898
- Turner v. Iron Chief Mining Co.Wisconsin Supreme Court · 1889
- Dougherty v. Western BankSupreme Court of Georgia · 1853
1 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Pittsburgh Plate Glass Co. v. JarrettDistrict Court, M.D. Georgia · 1942
- Love v. PerryCourt of Appeals of Georgia · 1916
- Cohan v. FlandersDistrict Court, S.D. Georgia · 1970
- Stephens v. MeyerSupreme Court of Georgia · 1964
- Stewart v. Finance Co. of the SouthCourt of Appeals of Georgia · 1934