Penn Mutual Life Insurance v. Larsen

1. A conveyance of real property under the Civil Code, §§ 3306 et seq., by deed to secure debt, “shall pass the title of said property to the vendee till the debt or debts which said conveyance was made to secure shall be fully paid, and shall be held by the courts of this State to be an absolute conveyance, with the right reserved by the vendor to have said property reconveyed to him upon the payment of the debt or debts intended to be secured agreeably to the terms of the contract, and not a mortgage.”

2. The act approved August 21, 1922 (Ga. L. 1922, p. 114), declares that “all crops,…