Grant v. Fourth Nat. Bank of Columbus

194 S.E.2d 913, 229 Ga. 855, 1972 Ga. LEXIS 807
CourtSupreme Court of Georgia
DecidedNovember 30, 1972
Docket27378, 27404
StatusPublished
Cited by24 cases

This text of 194 S.E.2d 913 (Grant v. Fourth Nat. Bank of Columbus) is published on Counsel Stack Legal Research, covering Supreme Court of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Grant v. Fourth Nat. Bank of Columbus, 194 S.E.2d 913, 229 Ga. 855, 1972 Ga. LEXIS 807 (Ga. 1972).

Opinion

Grice, Presiding Justice.

The issues in this appeal and cross appeal emanate from a judgment directing an administrator as to a claim involving certain real property of the estate.

The administrator, the Fourth National Bank of Columbus, filed in the Superior Court of Muscogee County a petition for direction with regard to the claim of Mrs. Hattie Rogers Grant against the estate of Blanchard Anthony. The petition alleged uncertainty as to what steps the administrator should pursue and prayed for relief including cancellation of a security deed.

The creditor, Mrs. Grant, filed an answer denying the essential allegations. She also interposed a counterclaim praying that the court grant specific performance vesting title to said property in her, or in the alternative a judgment in the amount of the note with interest.

The counterclaim, insofar as necessary to recite here, made the allegations which follow.

Blanchard Anthony died on December 21, 1970, and the bank was appointed as the administrator of his estate.

On July 6, 1962, Mrs. Grant entered into an agreement with Mr. Anthony to lend him ten thousand dollars, to be evidenced by a promissory note of even date and a security deed on certain land therein referred to. They agreed that if Mrs. Grant would make such loan and if it was not paid at the time of his death then Mrs. Grant, if still living, might have the land for the amount of the security deed. A copy of the agreement was annexed to the complaint.

Pursuant to this agreement, Mrs. Grant, on July 6, 1962, lent to Mr. Anthony the ten thousand dollars. Mr. Anthony, at the same time and as an integral part of the agreement, delivered to Mrs. Grant his promissory note, a copy of which was attached. Also at the same time and as an integral part of the agreement in order to secure payment of the note and as collateral security therefor, Mr. Anthony delivered to Mrs. Grant a properly executed security deed, a *857 copy likewise included. The security deed was executed and delivered upon the understanding and agreement that in case Mr. Anthony should pay Mrs. Grant the indebtedness with interest as agreed, then the security deed should be released of record; otherwise it should remain in full force and effect, and if not paid before Mr. Anthony’s death, if Mrs. Grant was still in life, then she should have the property for the amount of the security deed.

Pursuant to the agreement, Mrs. Grant made the loan of ten thousand dollars and took in return Mr. Anthony’s note for ten thousand dollars, dated July 6, 1962, which was secured by the security deed of the same date, a copy of the plat referred to therein being attached to the complaint. She did all things required of her by the terms of the agreement.

At the time of Mr. Anthony’s death nothing had been repaid on the loan. In accordance with the agreement the property thereby vested in Mrs. Grant immediately upon Mr. Anthony’s death and she is entitled to have the property conveyed to her.

The value of the land at the time of Mr. Anthony’s death was ten thousand dollars.

No proceedings have been had at law for recovery of the loan, and there is now due ten thohsand dollars with interest from July 6, 1962, in accordance with the terms of the note.

Mrs. Grant, on or about January 25, 1971, duly presented to the administrator a demand that it execute a deed conveying to her the property and at the same time advised it that she was prepared to tender the security deed; but the administrator refused to accept the tender and refused to give its assent to the conveyance and to execute the required documents of conveyance.

She then tendered to the court the note and security deed, marking the note "paid in full,” declaring the security deed to be satisfied and authorizing the court to cancel it of record.

She alleged that title to the property should be decreed in *858 her in accordance with the agreement, and that the administrator should be required to specifically perform the agreement, and execute and deliver to her a proper deed.

The prayers, insofar as they relate to specific performance, were as follows: that the court enter a decree declaring the agreement to be legally binding; that title to the property described in the security deed be decreed to be in Mrs. Grant; that the agreement be ordered specifically performed; and that the administrator be directed to execute a proper deed conveying to her the title to the property in fee simple.

Upon the trial, at the close of its evidence, the administrator moved to dismiss or strike Mrs. Grant’s counterclaim upon several grounds. The court overruled each ground except one which asserted, in essence, that specific performance could not be decreed because the security deed contained a description of the land which was vague and void for indefiniteness. Based upon this ground alone the trial court dismissed and struck the counterclaim.

It then directed a verdict for Mrs. Grant in the sum of $10,000 principal plus simple interest on the note.

In the appeal by Mrs. Grant (Case No. 27378) she enumerates as error the following: that the court erred in granting the administrator’s motion to dismiss on the ground that the description in the security deed was void for indefiniteness; that assuming arguendo that it was void and indefinite, the court should have allowed her an opportunity to introduce extrinsic evidence to correct it; and that the court improperly refused to allow the note to be computed on a compound basis and directed a verdict based upon mere simple interest.

In the cross appeal (Case No. 27404) the administrator contends essentially that the trial court erred in not dismissing or striking Mrs. Grant’s counterclaim seeking specific performance upon several other grounds. It is insisted that the agreement is invalid for the following reasons: (1) that it attempts to engraft an additional consideration upon the note and security deed; (2) that it is vague and ambigú *859 ous; (3) that it is testamentary in character and not executed with requisite formalities; (4) that Mrs. Grant has been guilty of laches; and (5) that it lacks consideration. The administrator also enumerates as error (6) the court’s refusal to admit in evidence certain documents, and (7) its direction of a verdict for Mrs. Grant without giving the administrator any credits for payments on her claim.

Before considering the issues raised by the administrator’s motion to dismiss or strike Mrs. Grant’s counterclaim seeking specific performance or in the alternative a monetary recovery, reference to some principles of pleading are deemed appropriate.

Insofar as general rules of pleading are concerned, a counterclaim stands upon the same footing as an original claim.

The Civil Practice Act provides in material part that "[A]ny pleading which sets forth a claim for relief, whether an original claim [or] counterclaim . . . shall contain (1) a short and plain statement of the claim showing that the pleader is entitled to relief . . .” Code Ann. § 81A-108 (a).

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Bluebook (online)
194 S.E.2d 913, 229 Ga. 855, 1972 Ga. LEXIS 807, Counsel Stack Legal Research, https://law.counselstack.com/opinion/grant-v-fourth-nat-bank-of-columbus-ga-1972.