First State Bank v. Herrington
This text of 105 S.E. 316 (First State Bank v. Herrington) 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
1. Where a promissory note payable one day after date is brought by a third person after it is due, the buyer does not occupy the position of an innocent purchaser, but takes the note subject to all the equities between the original parties. Civil Code, (1910), § 4287; Beall v. Leverett, 32 Ga. 105 (79 Am. Dec. 298).
2. Under the above ruling and all the particular facts of the instant case, the oourt did not err in directing a verdict for the defendant.
Judgment affirmed.
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Cite This Page — Counsel Stack
105 S.E. 316, 26 Ga. App. 35, 1920 Ga. App. LEXIS 251, Counsel Stack Legal Research, https://law.counselstack.com/opinion/first-state-bank-v-herrington-gactapp-1920.