Legal Opinion
Tattnall Bank v. Harvey
Supreme Court of Georgia
Decided September 24, 1938No. 12300PublishedCited by 6 opinions
1Opinion of the Court
Jenkins, Justice.
1. While it is the rule that a bona fide purchaser of property in which trust funds have been invested is protected (Thrasher v. Partee, 37 Ga. 392; Lane v. Partee, 41 Ga. 202, 207; McNamara v. McNamarra, 62 Ga. 200 (5), 208; First National Bank v. Pounds, 163 Ga. 551 (136 S. E. 528); Code, §§ 37-111, 37-213), the beneficiary of a trust estate may at his option, within a reasonable time, “affirm or reject an unauthorized, investment by the trustee” (Code, § 108-424), and équity will aid the beneficiary in recovering the funds or property, or enforcing a lien for the…
2Cases cited22 opinions
- Bischoff v. . Yorkville BankNew York Court of Appeals · 1916
- Whiting v. . Hudson Trust Co.New York Court of Appeals · 1923
- Empire Trust Co. v. CahanSupreme Court of the United States · 1927
- Munnerlyn v. Augusta Savings BankSupreme Court of Georgia · 1891
- American Trust & Banking Co. v. BooneSupreme Court of Georgia · 1897
17 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Trust Co. v. Nationwide Moving & Storage Co.Supreme Court of Georgia · 1975
- Bank South v. Grand Lodge of Free & Accepted MasonsCourt of Appeals of Georgia · 1985
- Chelena v. GEORGIA FEDERAL SAVINGS & LOAN ASSOCIATIONSupreme Court of Georgia · 1986
- National Factor & Investment Corp. v. State BankSupreme Court of Georgia · 1968
- Citizens Bank of Forsyth v. MiddlebrooksSupreme Court of Georgia · 1952
1 more not listed; retrieve them via the Exa API.