Montgomery v. McCants

175 S.E. 397, 49 Ga. App. 324, 1934 Ga. App. LEXIS 389
Court of Appeals of Georgia·Decided July 11, 1934·No. 23420·Published·Cited by 11 cases

Opinion

MacIntyre, J.

W. B. McCants .died on July 9, 1932, leaving a will, a widow and four children. On December 30, 1932, the widow, Mrs. Henrietta Bell McCants, applied for a year’s support from her husband’s estate in the court of ordinary; and on that date the ordinary appointed appraisers to assign the same, the appraisers set apart the sum of $2000, consisting of a home in the city of Winder and a farm in the county of Barrow, and citation issued thereon, At the February term, 1933, of the court of ordi[325] nary, W. H. Montgomery, as receiver of the Winder National Bank, filed a caveat to the return of the appraisers, alleging that on December 30, 1932, he was appointed receiver of said bank by the Comptroller of the Currency of the United States upon its failure on December 23, 1932; that “all stockholders of said bank became individually responsible for the contracts, debts and engagements of such banking association to the amount of their stock therein, at the par value thereof, and also all stockholders who had transferred their shares or registered the transfer thereof within sixty days next before the date of the failure of such banking association became liable to the extent that their transferees failed to meet such liability;” that the four children of W. B. McCants, who were entitled under the decedent’s will to receive each one fifth of his estate, were, on November 4, 1932, owners severally of certain shares of the capital stock of said bank of the par value of $100 each, and did on that date transfer the same to L. S. Patton and W. L. Mathews, said transfers having been made less than sixty days before the failure of said bank; that the sum set apart as a year’s support was excessive, but no heir or legatee of W. B. McCants had made any objection to allowance of same, that three legatees were executrices of decedent’s will, and there existed no disinterested person to object to the allowance; and that “caveator further shows that as a creditor of four of the heirs of such estate he is interested in the legal distribution of the assets of said estate.”

The widow demurred to the caveat upon the general ground, among others, that “it appears upon the face of said objections that the estate of W. B. McCants is not debtor to the Winder National Bank, and that said bank has no interest in the distribution of said estate.” The ordinary passed an order dismissing the caveat and upholding the appraisal, and the caveator appealed to the superior court, where he amended, setting up expressly what had already been alleged impliedly, that the two transferees were insolvent and had failed to meet the assessments against the stock they acquired from said persons who were children of said decedent. It was nowhere alleged when or how the children of the decedent acquired the stock. The judge of the superior court passed an order, after a hearing, sustaining the grounds of general demurrer, dismissing the caveat, and making the return of the appraisers, setting apart the said year’s support, the judgment of the [326] court. To this judgment the receiver excepted on the ground that it was contrary to law.

Free access — add to your briefcase to read the full text and ask questions with AI

Montgomery v. McCants, 175 S.E. 397, 49 Ga. App. 324, 1934 Ga. App. LEXIS 389 (Ga. Ct. App. 1934).

175 S.E. 397 (Montgomery v. McCants) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Booker v. Booker
648 S.E.2d 445 (Court of Appeals of Georgia, 2007)
Scott v. Grant
487 S.E.2d 627 (Court of Appeals of Georgia, 1997)
Wade v. Thompson
104 S.E.2d 250 (Court of Appeals of Georgia, 1958)
Gross v. Shankle
104 S.E.2d 145 (Court of Appeals of Georgia, 1958)
Peppers v. Peppers
101 S.E.2d 105 (Court of Appeals of Georgia, 1957)
Dorsey v. Georgia Railroad Bank & Trust Co.
60 S.E.2d 828 (Court of Appeals of Georgia, 1950)
McGahee v. McGahee
48 S.E.2d 675 (Supreme Court of Georgia, 1948)