Alropa Corp. v. Goldstein
This text of 199 S.E. 833 (Alropa Corp. v. Goldstein) is published on Counsel Stack Legal Research, covering Court of Appeals of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Transfer in writing of negotiable promissory notes secured by a separate non-negotiable mortgage does not pass the title to the mortgage to the transferee of the notes, so as to entitle the transferee to sue in his own name on an obligation in the mortgage to pay the amounts represented by the notes (which had become barred). Alropa, Corporation v. Richardson, 58 Ga. App. 656 (199 S. E. —). The case of Mercer v. Raybon, 40 Ga. App. 23 (148 S. E. 749), is distinguishable because the mortgage was a negotiable instrument, title to which passed on delivery, and the action was a foreclosure. Accordingly the court properly sustained the general demurrer to the petition in this case, [659]*659which affirmatively showed that the legal title to the mortgage sued on was not in the plaintiff.
Judgment affirmed.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Cite This Page — Counsel Stack
199 S.E. 833, 58 Ga. App. 658, 1938 Ga. App. LEXIS 90, Counsel Stack Legal Research, https://law.counselstack.com/opinion/alropa-corp-v-goldstein-gactapp-1938.