Loftis v. Security Mortgage Co.

179 S.E. 108, 180 Ga. 480, 1935 Ga. LEXIS 451
CourtSupreme Court of Georgia
DecidedMarch 15, 1935
DocketNo. 10585
StatusPublished
Cited by2 cases

This text of 179 S.E. 108 (Loftis v. Security Mortgage Co.) 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
Loftis v. Security Mortgage Co., 179 S.E. 108, 180 Ga. 480, 1935 Ga. LEXIS 451 (Ga. 1935).

Opinion

Gilbert, Justice.

1. The legal effect of the judgment dismissing the petition as to the Security Mortgage Company and Long Realty Company was to leave pending the suit against the third defendant, Lillian T. J ones.

2. A court of equity will not assume jurisdiction of a suit merely to cancel promissory notes on the ground that they have been paid or otherwise satisfied. Therefore in this case equity would not entertain jurisdiction merely to cancel the notes as prayed for. Simpson v. McMillan, 150 Ga. 119 (102 S. E. 825). Neither Camp Lumber Co. v. Citizens Bank of Valdosta, 142 Ga. 84 (82 S. E. 492), nor Robinson v. Pearce, 145 Ga. 403 (89 S. E. 364), conflicts with this ruling. In the Camp Lumber Co. case there were allegations and prayers seeking to cancel a security deed. In the Robinson case there were allegations and prayers seeking to recover damages. In both cases the prayers for cancellation of the notes were merely incidental. The petitions were held good against a general demurrer, irrespective of the prayers to cancel the notes.

3. The allegations of the petition were insufficient to set out a cause of action for an injunction to prevent a transfer of the title to the real property, the petitioner asserting no title, and failing to allege whether he held a contractual lien or not.

4. The petition does not allege insolvency of the Security Mortgage Company or Long Realty Company. Neither does it allege any other facts which would authorize a court of equity to entertain jurisdiction. The court did not err in sustaining the general demurrer to that portion of the petition which sought relief against those two defendants.

Judgment affirmed.

All the Justices concur. Noah J. Stone, John L. Gone, and John F. Fchols, for plaintiff. B. F. McGlakchey Jr., W. B. Gody, Harold Hirsch, Marion Smith Walter A. Sims, and Joseph F. Bermcm, for defendants.

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Related

Smith v. Republic Land & Investment Corp.
215 S.E.2d 683 (Supreme Court of Georgia, 1975)
Mock v. Darby
134 S.E.2d 805 (Supreme Court of Georgia, 1964)

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Bluebook (online)
179 S.E. 108, 180 Ga. 480, 1935 Ga. LEXIS 451, Counsel Stack Legal Research, https://law.counselstack.com/opinion/loftis-v-security-mortgage-co-ga-1935.