McConnell v. Gregory
This text of 79 S.E. 1128 (McConnell v. Gregory) 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.
Opinion
A conveyance of land executed by a borrower to secure a debt infected with usury is void and ineffectual to pass title. Civil Code, § 3442. Therefore the maker of such a conveyance may, subsequently to its execution, have • a. valid homestead set apart in the property sought to be so conveyed; which homestead will not be subject to a judgment recovered on. the debt, notwithstanding the usury was elim[47]*47inated •when the judgment was taken. Applying these rulings to the eyidence in this "case, the court erred in directing a verdict finding the property subject. Judgment reversed.
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Cite This Page — Counsel Stack
79 S.E. 1128, 141 Ga. 46, 1913 Ga. LEXIS 309, Counsel Stack Legal Research, https://law.counselstack.com/opinion/mcconnell-v-gregory-ga-1913.