Chambers v. Planters Bank

132 S.E. 233, 35 Ga. App. 13, 1926 Ga. App. LEXIS 532
Court of Appeals of Georgia·Decided February 13, 1926·No. 16222·Published

Opinion

Bell, J.

1. “Where property levied on is sold in accordance with the provisions of the Civil Code of 1910, § 6068 et seq., regulating the sale of personal property of a perishable nature, the sale divests all liens on the property sold, and the liens so divested attach to the money raised by the sale.” See answer of the Supreme Court to question certified in this case. 161 Ga. 535 (131 S. E. 280).

2. In the instant case the lien of the mortgage was divested by the short-order sale under the common-law fi. fa., and, it appearing without dispute that the claimant was a purchaser at that sale, the verdict in favor of the plaintiff in the mortgage fi. fa. was contrary to law, and the court erred in overruling the claimant’s motion for a new trial.

Judgment reversed.

Jenkins, P. J., and Stephens, J., eoneur.

Free access — add to your briefcase to read the full text and ask questions with AI

Chambers v. Planters Bank, 132 S.E. 233, 35 Ga. App. 13, 1926 Ga. App. LEXIS 532 (Ga. Ct. App. 1926).

132 S.E. 233 (Chambers v. Planters Bank) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Chambers v. Planters Bank
131 S.E. 280 (Supreme Court of Georgia, 1926)