Hair v. Ramsey

Hair brought this action to replevy a horse that had been levied on under an execution issued under a judg ment based on an obligation incurred prior to January 1st, 19'32, when the new Code became effective. He insists that the lump personalty exemption of $750, fixed by Section 770, of the new Code, has application. The trial court held the exemption laws in effect at the time of the creation of the obligation applicable. The case was heard on a stipulation of facts showing that the horse levied on.was not exempt under the former statutes, and that the total value of the execution debtor’s…