Model Mill Co. v. McEver
This text of 22 S.E. 705 (Model Mill Co. v. McEver) 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
[702]*702“If it appeal’s from the instrument of writing executed by a debtor insolvent at the time of the transaction, and from the parol evidence explanatory thereof, that personal property consisting of a stock of goods, notes, accounts, fixtures, mule and wagon, was delivered to a creditor, not on a contract of absolute sale to him, but with the understanding that he was to pay over to another creditor a part of the property or a part of its proceeds and retain the balance on a debt due him, the transaction was an assignment for the benefit of creditors; and it not being made with the inventory and schedule required by statute, the same was void.”
This, request is substantially in the language of this court in the case of Johnson v. Adams, 92 Ga. 551, and is correct in the abstract; but under the facts of this case the court could properly decline to give it in charge, inasmuch as it limited the jury, in passing upon the question of whether the “instrument in writing” referred to was delivered on a bona fide contract of absolute sale or not, to a consideration of the instrument itself and the parol evidence explanatory thereof, when there was other evidence, both parol and documentary, bearing upon that issue.
Judgment affirmed.
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22 S.E. 705, 95 Ga. 701, Counsel Stack Legal Research, https://law.counselstack.com/opinion/model-mill-co-v-mcever-ga-1895.